Latest news with #TTMTechnologies
Yahoo
14 hours ago
- Business
- Yahoo
Global Electronics Association Debuts; New Name Elevates IPC's 70-Year Legacy as Voice of $6 Trillion Electronics Industry
Electronics Ecosystem Electronics Standards and Certifications Leader Unveils New Vision and Mission for Supply Chain Harmonization and Advocacy, Releases Global Trade Flows Study BANNOCKBURN, Ill., June 23, 2025 (GLOBE NEWSWIRE) -- Today begins a new chapter for IPC as it officially becomes the Global Electronics Association, reflecting its role as the voice of the electronics industry. Guided by the vision of 'Better electronics for a better world,' the Global Electronics Association ( is dedicated to enhancing supply chain resilience and promoting accelerated growth through engagement with more than 3,000 member companies, thousands of partners, and dozens of governments across the globe. 'The Board's support and approval of this transformation shows our collective recognition that the electronics industry has fundamentally changed. The Association has expanded well beyond its beginning in printed circuit boards – we're enabling AI, autonomous vehicles, next-generation communications, and much more,' said Tom Edman, board chair of the Global Electronics Association and president and CEO of TTM Technologies. 'As we chart our path forward with our new name, we will continue and elevate our efforts to build partnerships between governments and industries, foster new investment, drive innovation across the industry, and minimize disruptions in the electronics supply chain.' As part of its new mission, the Association is increasing resources to strengthen advocacy, deepen industry insights, and enhance stakeholder communications — all aimed at advancing and elevating the electronics industry. To champion a resilient and growing supply chain, the Association represents the entire ecosystem of diverse subsectors that contribute to this complex industry. 'Electronics today are the backbone of all industries, which makes its supply chain crucial to economies, governments, and everyday life,' said Dr. John W. Mitchell, president and CEO of the Global Electronics Association. 'Our new mission and vision position us to work more deeply with industry and our members globally to advocate for the importance of electronics in our continuously changing world.' The Global Electronics Association will retain the IPC brand for the industry's standards and certification programs, which are vital to ensure product reliability and consistency. The IPC Education Foundation is now known as the Electronics Foundation, continuing to focus on solving the talent challenges for the electronics industry. Global Electronics Trade Flows The Global Electronics Association also released a trade flows study of the global electronics industry, which now represents more than $1 in every $5 of global merchandise trade. Key findings include: Electronics supply chains are more globally integrated than any other industry, surpassing even the automotive sector in cross-border complexity. Trade inputs like semiconductors and connectors now exceed trade in finished products such as smartphones and laptops, with global electronics trade totaling $4.5 trillion in 2023, including $2.5 trillion in components alone. Top exporters such as China, Vietnam, and India are among the fastest-growing importers of electronic inputs, underscoring the deep interdependence embedded in global electronics production. This mutual reliance challenges the viability of reshoring and decoupling strategies, as rising export powers depend on components from across the world. Mitchell concluded: 'Our trade flows analysis reinforces that resilience, not self-sufficiency, is the foundation of competitiveness in the electronics age. No single company or country can stand alone. The complexities of the electronics ecosystem require collaboration and partnership with others. The Global Electronics Association is here to help create a vital and thriving global electronics supply chain through industry, government, and stakeholder collaboration.' Global Operations Supporting Entire Value Chain The electronics value chain supported by the Global Electronics Association – from design to final product – encompasses original equipment manufacturers, semiconductors, printed circuit boards, assembly and manufacturing services, harnesses, materials, and equipment suppliers. The Association has operations in Belgium, China, Germany, India, Japan, Korea, Malaysia, Mexico, Taiwan, and the United States, and a presence across dozens more countries to support its members. About the Global Electronics AssociationThe Global Electronics Association is the voice of the electronics industry, working with thousands of members and partners to build a more resilient supply chain and drive sustainable growth. We advocate for fair trade, smart regulation, and regional manufacturing, and educate on industry practices, actionable intelligence and technical innovations to empower the future. The Association collaborates with governments and companies worldwide to advance a trusted and prosperous electronics industry. Formerly known as IPC, the organization serves a $6 trillion market and operates from offices across Asia-Pacific, Europe and North and South America. Learn more at Contact:Michelle Leff MermelsteinMichellemermelstein@ + 1 202-661-8092 A photo accompanying this announcement is available at in to access your portfolio
Associated Press
15 hours ago
- Business
- Associated Press
Global Electronics Association Debuts; New Name Elevates IPC's 70-Year Legacy as Voice of $6 Trillion Electronics Industry
Electronics Standards and Certifications Leader Unveils New Vision and Mission for Supply Chain Harmonization and Advocacy, Releases Global Trade Flows Study BANNOCKBURN, Ill., June 23, 2025 (GLOBE NEWSWIRE) -- Today begins a new chapter for IPC as it officially becomes the Global Electronics Association, reflecting its role as the voice of the electronics industry. Guided by the vision of 'Better electronics for a better world,' the Global Electronics Association ( is dedicated to enhancing supply chain resilience and promoting accelerated growth through engagement with more than 3,000 member companies, thousands of partners, and dozens of governments across the globe. 'The Board's support and approval of this transformation shows our collective recognition that the electronics industry has fundamentally changed. The Association has expanded well beyond its beginning in printed circuit boards – we're enabling AI, autonomous vehicles, next-generation communications, and much more,' said Tom Edman, board chair of the Global Electronics Association and president and CEO of TTM Technologies. 'As we chart our path forward with our new name, we will continue and elevate our efforts to build partnerships between governments and industries, foster new investment, drive innovation across the industry, and minimize disruptions in the electronics supply chain.' As part of its new mission, the Association is increasing resources to strengthen advocacy, deepen industry insights, and enhance stakeholder communications — all aimed at advancing and elevating the electronics industry. To champion a resilient and growing supply chain, the Association represents the entire ecosystem of diverse subsectors that contribute to this complex industry. 'Electronics today are the backbone of all industries, which makes its supply chain crucial to economies, governments, and everyday life,' said Dr. John W. Mitchell, president and CEO of the Global Electronics Association. 'Our new mission and vision position us to work more deeply with industry and our members globally to advocate for the importance of electronics in our continuously changing world.' The Global Electronics Association will retain the IPC brand for the industry's standards and certification programs, which are vital to ensure product reliability and consistency. The IPC Education Foundation is now known as the Electronics Foundation, continuing to focus on solving the talent challenges for the electronics industry. Global Electronics Trade Flows The Global Electronics Association also released a trade flows study of the global electronics industry, which now represents more than $1 in every $5 of global merchandise trade. Key findings include: Mitchell concluded: 'Our trade flows analysis reinforces that resilience, not self-sufficiency, is the foundation of competitiveness in the electronics age. No single company or country can stand alone. The complexities of the electronics ecosystem require collaboration and partnership with others. The Global Electronics Association is here to help create a vital and thriving global electronics supply chain through industry, government, and stakeholder collaboration.' Global Operations Supporting Entire Value Chain The electronics value chain supported by the Global Electronics Association – from design to final product – encompasses original equipment manufacturers, semiconductors, printed circuit boards, assembly and manufacturing services, harnesses, materials, and equipment suppliers. The Association has operations in Belgium, China, Germany, India, Japan, Korea, Malaysia, Mexico, Taiwan, and the United States, and a presence across dozens more countries to support its members. About the Global Electronics Association The Global Electronics Association is the voice of the electronics industry, working with thousands of members and partners to build a more resilient supply chain and drive sustainable growth. We advocate for fair trade, smart regulation, and regional manufacturing, and educate on industry practices, actionable intelligence and technical innovations to empower the future. The Association collaborates with governments and companies worldwide to advance a trusted and prosperous electronics industry. Formerly known as IPC, the organization serves a $6 trillion market and operates from offices across Asia-Pacific, Europe and North and South America. Learn more at Contact: Michelle Leff Mermelstein [email protected] + 1 202-661-8092 A photo accompanying this announcement is available at
Yahoo
15 hours ago
- Business
- Yahoo
Global Electronics Association Debuts; New Name Elevates IPC's 70-Year Legacy as Voice of $6 Trillion Electronics Industry
Electronics Ecosystem Electronics Standards and Certifications Leader Unveils New Vision and Mission for Supply Chain Harmonization and Advocacy, Releases Global Trade Flows Study BANNOCKBURN, Ill., June 23, 2025 (GLOBE NEWSWIRE) -- Today begins a new chapter for IPC as it officially becomes the Global Electronics Association, reflecting its role as the voice of the electronics industry. Guided by the vision of 'Better electronics for a better world,' the Global Electronics Association ( is dedicated to enhancing supply chain resilience and promoting accelerated growth through engagement with more than 3,000 member companies, thousands of partners, and dozens of governments across the globe. 'The Board's support and approval of this transformation shows our collective recognition that the electronics industry has fundamentally changed. The Association has expanded well beyond its beginning in printed circuit boards – we're enabling AI, autonomous vehicles, next-generation communications, and much more,' said Tom Edman, board chair of the Global Electronics Association and president and CEO of TTM Technologies. 'As we chart our path forward with our new name, we will continue and elevate our efforts to build partnerships between governments and industries, foster new investment, drive innovation across the industry, and minimize disruptions in the electronics supply chain.' As part of its new mission, the Association is increasing resources to strengthen advocacy, deepen industry insights, and enhance stakeholder communications — all aimed at advancing and elevating the electronics industry. To champion a resilient and growing supply chain, the Association represents the entire ecosystem of diverse subsectors that contribute to this complex industry. 'Electronics today are the backbone of all industries, which makes its supply chain crucial to economies, governments, and everyday life,' said Dr. John W. Mitchell, president and CEO of the Global Electronics Association. 'Our new mission and vision position us to work more deeply with industry and our members globally to advocate for the importance of electronics in our continuously changing world.' The Global Electronics Association will retain the IPC brand for the industry's standards and certification programs, which are vital to ensure product reliability and consistency. The IPC Education Foundation is now known as the Electronics Foundation, continuing to focus on solving the talent challenges for the electronics industry. Global Electronics Trade Flows The Global Electronics Association also released a trade flows study of the global electronics industry, which now represents more than $1 in every $5 of global merchandise trade. Key findings include: Electronics supply chains are more globally integrated than any other industry, surpassing even the automotive sector in cross-border complexity. Trade inputs like semiconductors and connectors now exceed trade in finished products such as smartphones and laptops, with global electronics trade totaling $4.5 trillion in 2023, including $2.5 trillion in components alone. Top exporters such as China, Vietnam, and India are among the fastest-growing importers of electronic inputs, underscoring the deep interdependence embedded in global electronics production. This mutual reliance challenges the viability of reshoring and decoupling strategies, as rising export powers depend on components from across the world. Mitchell concluded: 'Our trade flows analysis reinforces that resilience, not self-sufficiency, is the foundation of competitiveness in the electronics age. No single company or country can stand alone. The complexities of the electronics ecosystem require collaboration and partnership with others. The Global Electronics Association is here to help create a vital and thriving global electronics supply chain through industry, government, and stakeholder collaboration.' Global Operations Supporting Entire Value Chain The electronics value chain supported by the Global Electronics Association – from design to final product – encompasses original equipment manufacturers, semiconductors, printed circuit boards, assembly and manufacturing services, harnesses, materials, and equipment suppliers. The Association has operations in Belgium, China, Germany, India, Japan, Korea, Malaysia, Mexico, Taiwan, and the United States, and a presence across dozens more countries to support its members. About the Global Electronics AssociationThe Global Electronics Association is the voice of the electronics industry, working with thousands of members and partners to build a more resilient supply chain and drive sustainable growth. We advocate for fair trade, smart regulation, and regional manufacturing, and educate on industry practices, actionable intelligence and technical innovations to empower the future. The Association collaborates with governments and companies worldwide to advance a trusted and prosperous electronics industry. Formerly known as IPC, the organization serves a $6 trillion market and operates from offices across Asia-Pacific, Europe and North and South America. Learn more at Contact:Michelle Leff MermelsteinMichellemermelstein@ + 1 202-661-8092 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
1 Stock Under $50 with Promising Prospects and 2 to Question
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they're not immune to volatility as many lack the scale advantages of their larger peers. This is precisely where StockStory comes in - we do the heavy lifting to identify companies with solid fundamentals so you can invest with confidence. That said, here is one stock under $50 that could 10x and two that could be down big. Share Price: $26.62 Formerly known as Systemax, Global Industrial (NYSE:GIC) distributes industrial and commercial products to businesses and institutions. Why Do We Steer Clear of GIC? Annual revenue growth of 5.7% over the last four years was below our standards for the industrials sector Earnings per share fell by 6.8% annually over the last two years while its revenue grew, showing its incremental sales were much less profitable Diminishing returns on capital suggest its earlier profit pools are drying up Global Industrial's stock price of $26.62 implies a valuation ratio of 16.6x forward P/E. To fully understand why you should be careful with GIC, check out our full research report (it's free). Share Price: $37.40 As one of the world's largest printed circuit board manufacturers with facilities spanning North America and Asia, TTM Technologies (NASDAQ:TTMI) manufactures printed circuit boards (PCBs) and radio frequency (RF) components for aerospace, defense, automotive, and telecommunications industries. Why Are We Out on TTMI? 1.3% annual revenue growth over the last two years was slower than its business services peers 9.2 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position ROIC of 4.7% reflects management's challenges in identifying attractive investment opportunities At $37.40 per share, TTM Technologies trades at 17.8x forward P/E. If you're considering TTMI for your portfolio, see our FREE research report to learn more. Share Price: $14.68 Founded by Logan Green and John Zimmer as a long-distance intercity carpooling company Zimride, Lyft (NASDAQ: LYFT) operates a ridesharing network in the US and Canada. Why Are We Fans of LYFT? Active Riders have grown by 10.1% annually, allowing for more profitable cross-selling opportunities if it can build complementary products and features Performance over the past three years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 72.9% outpaced its revenue gains Free cash flow margin jumped by 23.3 percentage points over the last few years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends Lyft is trading at $14.68 per share, or 12.1x forward EV/EBITDA. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Stifel Raises Target as TTM Technologies, Inc. (TTMI) Shows Strong Performance
TTM Technologies, Inc. (NASDAQ:TTMI) is among the best NASDAQ stocks under $50 to buy. Stifel has maintained a Buy rating on TTM Technologies, Inc. (NASDAQ:TTMI), while raising the price target to $40 from $33 due to the company's solid performance in key sectors, including aerospace, defense, and data centers. Recently, the financial services company hosted Thomas Edman, the President and CEO of TM, and Sameer Desai, the VP of Corporate Development and Investor Relations, at its 2025 Stifel CSI Conference. Considering the returns, the giant has consistently outperformed the market. While the one-year return by the broader market stands at 11.07%, TTM Technologies, Inc. (NASDAQ:TTMI) delivered an impressive 105.37% return. Similarly, the three-year and five-year returns by TTMI surpass the market by 131.24% and 119.39%, respectively. A close-up view of an electronic component being installed on a PCB. The effort to shift to more stable and higher-margin markets is certainly paying off. But the real intrigue lies in the giant's role in the next wave of defense projects, particularly the Golden Dome missile defense system. By 2026, U.S. defense spending will exceed the $1 trillion mark, and this means more popularity of companies providing defense electronics. TTM Technologies, Inc. (NASDAQ:TTMI) is a California-based manufacturer of technology solutions, mainly mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB). Founded in 1978, the company is focused on delivering superior value. While we acknowledge the potential of TTMI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
