March 31, 2022
Plans to establish a clean room and production infrastructure at the System in Package – SiP level. Expects to win first projects as early as 2022. CEO Shapira: “Our goal is to be an engineering and technological One Stop Shop”
Pictured above: Oved Shapira, CEO of PC B. Technologies.
PCB Technologies’ sales from Migdal Haemek amounted to $ 121.5 million in 2021, compared to $ 117.8 million in 2020. Most of the increase was in print and bedding, where sales grew by 8% to $ 66 million, primarily for military and medical systems. Growth in the printed circuit and bedding sector accelerated towards the end of the year, and in the last quarter sales grew by about 20% and amounted to about $ 18.5 million. PCB Technologies CEO Oved Shapira said the company’s backlog continues to grow and now stands at more than $ 95 million (compared to about $ 59.6 million last year).
Shapira: “In the second half of 2021, we started operating in a new field, of minimizing electronic systems, which is expected to put us at the forefront of the microelectronics packaging industry. Already today we identify a growing interest from existing customers in this field and estimate that we will be able to win significant first projects already during the coming year. Our goal is to be an engineering and technological One Stop Shop for our customers. The entry into the packaging and minimization sector is a direct continuation of a multi-year strategic plan that includes building technological capability in the worlds of minimization and expanding the company’s international operations. ”
Like the entire industry, PCB is also facing a supply chain crisis. The company reported an erosion in gross profit in the assembly field, from 4.4% of revenues in 2020 to 2.1% of revenues in 2021, mainly due to the shortage in the components market which caused a delay in the supply chain and delays in receiving components for production purposes. “Problems in the supply chain have prevented the company from growing at a faster pace in the past year,” Shapira said. “In light of the many efforts we are making to reduce this problem, we see an improvement as early as the beginning of 2022 and believe that this trend will strengthen significantly later in the year.”
For the past three years, PCB has been investing heavily in the development of new minimization technologies. In 2021, it invested a sum of about $ 614,000 in the technological development project, and received a grant from the Innovation Authority in the amount of $ 455,000. It has developed the production capability of very miniaturized printed circuits, with a conductor width and spacing between conductors of only 25 microns (1 mil), and new technologies that allow passive components to be buried within multi-layered and highly dense printed circuits. Among other things, he plans to establish a clean room and microelectronics manufacturing infrastructure at the System in Package – SiP level.
Components buried at the level of 1 mil
PCB’s chief technologist, Target Elya, has previously told Techtime that the gap between the density of printed circuits and the density of chips (semiconductor) creates the need for advanced enclosures. “The move to 1 mile narrows the gap and reduces the number of cases where advanced packages are needed. We use printed circuit technologies to produce buried resistors, buried capacitors, buried thermal pairs and more. Today, for example, we produce heating lines for a customer in the field of optics, which allow him to correct optical distortions in his lens. In the next step, we will also import this capability into the dense circles, and we will create buried components at a density level of 1 mil. ”
PCB provides services Design and manufacture of printed circuits (PCB) In short and medium series, and electronic ticket train services and complete systems. Today, it employs about 750 people at two sites: Migdal Haemek and Rosh HaAyin (where the subsidiary AMS is located). The company is controlled by the Pimi Fund (48%) and is traded on the Tel Aviv Stock Exchange at a market value of approximately NIS 281.7 million..
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Posted in tags: Railways, Printed Circuits, PCB Technologies
