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TTM Technologies, Inc.

TTM DIGEST

Mar 2024 Issue

TTM Technologies, Inc.

Radar systems have become an integral part of our modern infrastructure, playing a pivotal role in a wide range of areas, not just in defense but also in numerous civilian applications. Among the most advanced developments are airborne fire control radars, which improve the accuracy and effectiveness of military operations by offering unparalleled targeting capabilities. These systems, together with multifunctional naval radars, provide a solid foundation for national security by ensuring that maritime and aerial borders are closely monitored and safeguarded. Additionally, space-based radar technologies have broadened our horizons in Earth observation, enhancing our abilities in environmental monitoring, disaster management, and global security.



Radar technology has greatly advanced search and rescue operations, weather forecasting, and automotive safety. Synthetic Aperture Radar (SAR) and Inverse Synthetic Aperture Radar (ISAR) have transformed the way search and rescue missions are conducted, enabling precise imaging and mapping of terrains in challenging weather conditions or at night. Radar systems are crucial in weather avoidance, delivering essential data to predict and track severe weather events, thus protecting lives and property. In the automotive industry, integrating radar into Advanced Driver Assistance Systems (ADAS) represents a significant step towards improving road safety by using both long- and short-range radar to detect potential hazards and prevent accidents. As radar technology continues to progress, its applications across both defense and civilian sectors are set to increase, further solidifying its importance in the framework of modern society.



At TTM Technologies, we are a global leader in the design, fabrication, integration, and manufacturing of advanced radar systems and components specializing in airborne fire control, multifunctional naval systems, space-based, search & rescue, SAR, ISAR, weather avoidance, and ground-based sensing and surveillance radar systems. TTM’s RF and Specialty Components Business Unit also provides a comprehensive selection of COTS RF passive components for all radar platforms. Want to know more? We’ll be at the IEEE Radar Conference to discuss our radar innovations and components.



Our technology solutions go beyond radar systems. We are thrilled to announce we have opened our first manufacturing facility in Penang, Malaysia. This state-of-the-art facility is customized to support mass production requirements in various commercial end markets, including networking, data center computing, medical, industrial, and instrumentation. See our highlights for more details.



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

Corporate

TTM Technologies Celebrates the Grand Opening of Its First Manufacturing Facility in Penang

The new facility is designed to meet the growing need to improve the resilience of the printed circuit board supply chain and expand geographic diversity. Click HERE for more details.



Don't miss out on the grand opening ceremony and exciting festivities! Head over to our official YouTube channel and be a part of the celebration!

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Awards

IPC Recognizes Nick Koop with the President’s Award during the 2024 APEX Expo

We are delighted to announce that Nick Koop, our Director of Field Application Engineering, has been honored with the IPC President's Award at the IPC APEX EXPO in Anaheim, California, on April 9, 2024. The award recognizes his exceptional leadership and significant contributions of time and talent to IPC and the electronics industry. We congratulate Nick Koop for his instrumental role in creating IPC standards that provide specifications for flex and rigid-flex, IPC-2223, and IPC-6013, along with material specifications and test methods.

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Corporate

TTM Congratulates our President & CEO, Tom Edman, on being named the IPC Board Chair

Held in conjunction with IPC APEX EXPO 2024, the IPC Board of Directors announced new officers and new and second-term members. Congratulations to the newly elected IPC Board Chair, Tom Edman!

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Events

May 5-9, 2024 | HILTON DENVER CITY CENTER | DENVER, COLORADO

IEEE Radar Conference

We will be exhibiting at the 2024 IEEE Radar Conference. This year marks the 40th anniversary of the event, which brings together industry and academics to discuss advancing radar capabilities. Stop by exhibit number 24 to meet with our experts on the latest updates to our MOSIAC® Active Electronically Scanned Array (AEASA) radar, which provides operators and mission planners with multi-mode and multi-domain capabilities.



RSVP now to meet with one of our experts at the show!

TTM IEEE Radar Conference
RSVP

End Market News

PCB & SEMICONDUCTOR

DIGITIMES | Mar 18, 2024

As international satellite operators drive demand, Taiwan's leading component manufacturers are leveraging their expertise to enter the supply chain for satellite-to-ground services.

DIGITIMES | Mar 21, 2024

BT substrate demand has begun to rise, driven by growing demand for mobile phones and memory chips, while ABF substrate demand is expected to pick up in the second half of 2024, according to industry sources.

IPC | Mar 23, 2024

Total North American PCB shipments in February 2024 were down 11.6 percent compared to the same month last year.

AUTOMOTIVES

DIGITIMES | Mar 12, 2024

Slower demand for EVs has prompted European and US carmakers to delay their plans. The situation might hamper Chinese EV companies' overseas expansions. However, it will also strengthen their leading positions worldwide.

DIGITIMES | Mar 19, 2024

Contract electronics vendors and ODMs have maintained their accelerated EV deployments and will continue to prioritize the market in the long run despite short-term issues.

MEDICAL

Medical Device Network | Mar 9, 2024

The integration of AI technology has emerged as a critical force in surgical practice, marking a new advance set to revolutionize the field of general surgery. Surgeons can now use advanced tools and decision support systems that promise unmatched accuracy, effectiveness and positive patient outcomes by utilizing the power of AI algorithms.

Medtech Dive | Mar 14, 2024

Most U.S. hospital executives expect low- to mid-single-digit increases in procedure volumes this year, according to a survey conducted by the analysts.

INDUSTRIAL & INSTRUMENTATION

DIGITIMES | Mar 7, 2024

Low Earth orbit (LEO) satellites, Internet of Things (IoT) devices, and mobile phones are expected to fuel growth for the compound semiconductors market in 2024.

SEMI | Mar 19, 2024

Global 300mm fab equipment spending for front-end facilities is forecast to reach a record $137 billion in 2027 after topping $100 billion for the first time by 2025 on the strength of the memory market recovery and strong demand for high-performance computing and automotive applications.

DATA CENTER & COMPUTING

Dell' Oro | Mar 14, 2024

After growing just 4 percent in 2023, worldwide data center capex is projected to rebound to double-digit growth this year. AI infrastructure investments in the enterprise are also gaining momentum.

IDC | Mar 27, 2024

Worldwide server market spending grew 10.5% in 2023, driven by high ASPs due to an increase in GPU server shipments to hyperscalers and other large, mostly cloud, IT buyers. The market is expected to grow 13% in 2024 and grow with a CAGR of 11.4% in a five-year period.

NETWORKING & TELECOMMUNICATIONS

Telecomlead | Mar 13, 2024

The outlook for telecom equipment manufacturers is clouded by various factors including currency fluctuations, economic uncertainty, inventory normalization, and instability in certain regions and technology segments.

Dell' Oro | Mar 4, 2024

Ethernet data center switch sales continued to decelerate in 4Q 2023, showing anemic growth at a single-digit rate, and the deceleration in revenue growth was primarily attributed to the cloud segment.

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