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ORLANDO, Fla., March 8, 2021 /PRNewswire/ VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its participation in the D.A. Davidson & Co. 4
th Annual Consumer Growth Conference. The conference will be held on Wednesday, March 11
th and Pat Lavelle, President and CEO of VOXX International Corporation will be participating in a fireside chat hosted by D.A. Davidson at 11:45 a.m. ET. The Company will also be participating in investor meetings throughout the day and interested parties should contact their D.A. Davidson & Co. representative.
Based on product, the PCB market is segmented into 4-6 low, Substrates, 1-2 sided, Flexible, and Others.
In 2019, the 4-6 low product segment accounted for the largest share of the global market due to the increasing demand for thin-film PCBs, particularly due to a surging use of semiconductor wafers in the electronic applications.
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APAC is expected to show the highest growth during forecast period.
Based on geography, the PCB market is segmented into APAC, North America, Europe, MEA, and South America.
By 2024, APAC will account for 93% of the market s growth as it is emerging as the electronic hub of the world.
Rising Demand for Internet of Things (IoT) aids Printed Circuit Board (PCB) Market to grow at a CAGR of 3% by 2024 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Gross margin as a percentage of sales of 53.2%; Adjusted gross margin of 54.7%
Net loss of ($4.0) million or ($0.48) earnings per share
Adjusted EBITDA of ($366,000)
Automotive Electronics represented 53% of bookings for 2020
Deployment of over 330 PSV systems worldwide
Ended year with 15 partners and 14 supported devices for SentriX Security Deployment Platform EBITDA, Adjusted EBITDA and Adjusted gross margin are non-GAAP financial measures. A reconciliation is provided in the tables of this press release.
Management Comments
Commenting on the fiscal year ended December 31, 2020, Anthony Ambrose, President and CEO of Data I/O Corporation, said, “In the most challenging business climate in recent memory, we are pleased to have exited 2020 better positioned than how we entered the year. Data I/O’s people are healthy, our cash balance increased, our operational processes and supply chain resiliency have been optimized, our automotive electronics and security platforms hav
Micron launches low-power memory qualified for automotive safety applications
Micron Technology has begun sampling the industry’s first automotive low-power DDR5 DRAM (LPDDR5) memory that is hardware-evaluated to meet the most stringent Automotive Safety Integrity Level (ASIL), ASIL D. The solution is part of Micron’s new portfolio of memory and storage products targeted for automotive functional safety based on the International Organization for Standardization (ISO) 26262 standard.
Micron’s functional safety-evaluated DRAM is compatible with advanced-driver assistance system (ADAS) technologies, including adaptive cruise control, automatic emergency braking systems, lane departure warning and blind spot detection systems. Micron’s LPDDR5’s high performance, superior power efficiency and low latency provide the requisite performance and headroom to keep pace with increasing bandwidth requirements of next-generation automotive systems, the company said.