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Remember when summers were for relaxation? Peaceful days at the beach building sand castles with your kids or playing a round of golf where you barely kept score or boating with family and friends on a tranquil lake. Work seemed to be less frenetic in July and August and when you came back to the office after your annual two week hiatus it seemed as if not a lot had happened (and sometimes your absence was not particularly noticed, which was worrisome).

For the past five years, 2012-2016, the connector industry achieved net income of 10.4% of sales. Stable connector prices and lower raw material costs have been a major factor as to why the industry is achieving double-digit profitability. Consider the following:

Global PMI Leading Indicators; Global Semiconductor Sales up 24% y/y in July; U.S. Electronics Shipments, Orders & Inventories; Rapid Migration to Larger-sized Screens Enables Public Display Revenue to Grow; Worldwide Brand Motherboard Shipments to decline to 45 million units in 2017; Global DRAM Module Sales droping12% y/y to US$6.9 billion in 2016; Worldwide AR/VR Headset Shipments grew 25.5% y/y to 2.1 million in 2Q’17; Worldwide Hardcopy Peripherals Shipments