Key Takeaways:
The filing follows listing applications by WUS Printed Circuit and Dongshan Precision, as the PCB industry looks to expand its capacity
Specializing in circuit boards for computing, Delton Tech has reported rising earnings, with revenues up 43% in the first nine months of the year
They provide the critical circuitry for AI computing, allowing data to be processed at lightning speed, and now they are the focus for a wave of IPOs.
Printed circuit boards (PCBs) provide the backbone for consumer electronics and enable high-powered servers to carry out complex computing tasks. Suppliers of the boards largely operate out of China's manufacturing heartland, with a low profile. But they are now stepping into the spotlight to seek investment capital to keep pace with the rapid growth of AI.
Delton Technology (Guangzhou) Inc., specializing in PCBs for advanced computing, is the latest such applicant to the Hong Kong Stock Exchange, following in the footsteps of sector peers WUS Printed Circuitand Dongshan Precision.
Their products may attract far less attention than AI chips, but they are a crucial foundation of modern computing, as cloud service providers and tech giants ramp up spending on massive data centers and AI servers. Industry research indicates AI servers will experience double-digit growth over the ...
