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TTM Technologies, Inc.

TTM DIGEST

Feb 2024 Issue

TTM Technologies, Inc.

Enterprise data centers have seen significant growth in cloud computing technology. It offers flexibility and convenience compared to traditional local hosting and on-premise software. Cloud computing also allows businesses to scale resources up or down based on their needs, allowing for cost optimization. Additionally, cloud-based solutions offer better accessibility and collaboration for remote teams. As a result, more companies are looking for reliable solutions to tackle the challenges of internet-reliant databases.


At TTM Technologies (“TTM”), we are a leading provider of complex printed circuit boards ("PCBs"), backplanes for high-end computing, cloud computing, artificial intelligence, hyper-scale servers, data storage, and microprocessor applications that help enterprises improve business efficiency and reduce costs. Our talented engineers work closely with our customers to ensure that their products will operate efficiently in any environment or application.

At TTM, we are committed to serving industry-leading enterprises by providing full lifecycle support for advanced computing applications. We are constantly seeking ways to enhance our efficiency and improve customer experience. Recently, our Zhongshan plant received AEO certification, which will improve delivery speeds while enhancing international supply chain security. Read below to learn about that and more.



Have questions? Our network of engineers and technology professionals are ready to provide you with answers. Connect with us today at ttm.com.

Yours sincerely,



TTM Corporate Marketing

Monthly Highlights

Awards

TTM Zhongshan Receives AEO Certification for Enhanced Supply Chain Security

We are thrilled to announce that TTM Zhongshan has successfully passed the customs Authorized Economic Operator (AEO) on-site audit. This internationally recognized program is a testament to our team's commitment to improving delivery speeds while enhancing international supply chain security. Gongbei Customs, Zhongshan Customs, and Zhongshan Municipal Commerce Bureau jointly held an AEO certification ceremony to issue certificates to companies that have passed the advanced certification. Congratulations to the entire team for their dedication and hard work on this accomplishment!

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Festival

Happy International Women's Day

On March 8th, the world celebrated International Women’s Day, a day dedicated to celebrating women's social, economic, cultural, and political achievements. TTM sites across the globe took part in the celebrations. We held various events and activities that aimed to #inspireinclusion.

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Awards

TTM Zhongshan Honored at Xiaolan Town Development Conference for Contributions to Modernization

Congratulations to TTM Zhongshan (“ZS”) for being recognized at the Xiaolan Town Development Conference! TTM ZS’s contributions to Zhongshan’s modernization were recognized, and we are proud to win:

  • 2023 Xiaolan Town Investment Contribution Award
  • 2023 Xiaolan Town Benefit Contribution Award
  • 2023 Xiaolan Town Digital Upgrade Award
  • 2023 Xiaolan Town R&D Innovation Award
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Photo Source from Xiaolan Fa Bu on WeChat Channel

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Webinars Recordings

Rigid-Flex 101



In case you missed it, TTM recently hosted a webinar on Rigid-Flex 101. Click the below button to access this recording and more!



Webinar Recordings | TTM Tecnologies

End Market News

PCB & SEMICONDUCTOR

SIA | Feb 5, 2024

Worldwide industry sales totaled $526.8 billion in 2023; market grew during second half of year and sales are projected to increase by 13.1% in 2024.

IPC | Feb 22, 2024

Total North American PCB shipments in January 2023 were down 3.9 percent compared to the same month last year. Compared to the preceding month, January shipments were down 7.9 percent.

DIGITIMES | Feb 29, 2024

Taiwan-based PCB industry players are already seeing the benefits from AI demand and expect the demand for AI applications will help drive future growth.

AUTOMOTIVES

DIGITIMES | Feb 22, 2024

Inventory concerns that previously plagued Taiwanese MCU makers have gradually subsided over the last two quarters, but industry sources say the key question now is whether demand will resume.

DIGITIMES | Feb 29, 2024



Global car sales are expected to reach approximately 90 million units, a modest year-on-year increase of about 1%, compared to the 8.6% growth seen in 2023. The EV market growth is also expected to decelerate, with some regions even seeing a resurgence of gas-powered cars, followed by intensified competition between the old and the new energy cars.



MEDICAL

Medtech Dive | Feb 12, 2024

Medical technology companies in 2024 are launching devices that address two especially vexing challenges affecting millions of heart patients: high blood pressure and atrial fibrillation, a form of irregular heartbeat.

Mass Device | Feb 16, 2024

In a tumultuous year for the medtech industry, the combination of strong sales growth and promising clinical trial results from GLP-1s created a seismic shift in the medtech stock market, triggering one of the largest dips in market value that analysts have seen in years.

INDUSTRIAL & INSTRUMENTATION

DIGITIMES | Feb 21, 2024

Several Japanese semiconductor equipment manufacturers are witnessing a surge in sales, particularly in equipment catering to generative AI and power semiconductors.

Automation | Mar 5, 2024

Manufacturers worldwide are implementing AI and its subsets Machine Learning (ML) and Deep Learning (DL) neural networks, aiming to convert terabytes of harnessed IIoT data into high-value actionable insights. If they haven't already, manufacturers need to begin applying AI in pilot programs to acquire knowledge, hone skills and achieve early successes to leverage in generating organizational momentum and gain buy-in support.

DATA CENTER & COMPUTING

Synergy | Feb 1, 2024

In 2023 Q4, enterprise spending on cloud infrastructure services was close to $74 billion worldwide, up by over $12 billion from the fourth quarter of 2022. The YoY growth rate was 20% in Q4, markedly higher than the previous three quarters.

DIGITIMES | Feb 1, 2024

Although the server supply chain usually sees a dip in demand in the first half of each year, with AI servers dominating the scene, the seasonal effect will be less pronounced in 2024,

NETWORKING & TELECOMMUNICATIONS

650 Group | Feb 7, 2024

The enterprise/campus Ethernet switch market will contract in 2024 as customers digest extra equipment purchased during extended lead times.

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