China PCB Maker Shennan Lands Orders for 5G Applications


Reading time ( words)

China PCB maker Shennan Circuits Company has reportedly landed orders from network equipment vendors such as ZTE and Ericsson for 5G base station applications, indicating its efforts in tapping the new segment are gradually paying off, according to a Digitimes.

Shennan saw its revenues for 2018 surge 33.68% on year to CNY7.602 billion ($1.13 billion), with its operating profits posting a much higher annual growth of 56.26% to reach CNY784 million. The company attributed the encouraging performances to stable revenue increases in the three major segments of PCB, IC substrate and EMS, with applications in communications, industry control systems and servers posting the most remarkable revenue expansions, Digitimes reports.

Share

Print


Suggested Items

Day-to-Day: ZTE and the Potential Impending Trade War Saga

06/14/2018 | Gene Weiner, Weiner International Inc.
Nanya Technology, Taiwan's biggest DRAM chipmaker, will apply for a permit to provide chips to ZTE. The company said it has been notified about restrictions on shipments to ZTE, and that the ban would have limited effect on its operation. The company said on May 9 that it is preparing to apply for a permit to continue shipping chips to ZTE Corp. as export restrictions took a new turn due to a US-China trade spat.

Punching Out! Mid-2017 Report on the State of the N.A. PCB M&A Market

07/26/2017 | Tom Kastner
One of the most popular questions we receive concerns the market for M&A. Here is our take on the current market for PCB shops in North America. In general, the PCB market in North America is not growing, which means that to grow, shops either must take market share from others, or grow through acquisitions.

Weiner’s World – March 2017

04/03/2017 | Gene Weiner, Weiner International Inc.
The CPCA show held at the China International PCB And Assembly Show was moderately busy even though the new venue was not quite ready (no escalators, the "water closets" not fully finished, the heat was only on for a few hours one day). It showcased products for PCB Manufacturing, Electronic Assembly Materials and Manufacturing Services.



Copyright © 2019 I-Connect007. All rights reserved.