PCB Maker Apex Expects Shipments to Resume Growth in 2020


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PCB maker Apex International expects a relatively weak second half of 2019 due to limited seasonal stimulus and the appreciation of the Thai currency affecting its revenues and profits from operations in Thailand. But the company eyes a significant turnaround starting in the first quarter 2020, when shipments of 10-layer PCBs for 8K TV application kick off.

The company said weakening shipment pull-in momentum from clients since August is dimming prospect for the remaining months of the year.

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