PCH International

Last updated

PCH International
Company type Private
Founded1996;29 years ago (1996) in Ireland
FounderLiam Casey
Headquarters,
Ireland
RevenueUS$1 billion (2014) [1]
Number of employees
604 (2016) [2]
Website pchintl.com

PCH is a global custom design manufacturing company that works with companies to design, engineer, develop, manufacture, pack out, fulfill and distribute products as well as manage supply chains. [3] [1] [4] The company was founded in Ireland in 1996 by entrepreneur Liam Casey. [4]

Contents

PCH's corporate headquarters are located in Cork, Ireland with operational headquarters in Shenzhen, China, and U.S. headquarters in San Francisco, California. [5]

Services

PCH offers product design engineering and development services as well as manufacturing, pack out and fulfillment, and distribution services. [6] For startups, PCH has one division – Highway1 – that works with entrepreneurs to minimize the risk of market entrance and help them scale production. [7]

PCH China Direct assists companies looking to export to China or expand existing operations. In late 2015, PCH International laid off 1,500 workers in China, nearly its entire workforce, as it moved away from mass production of products into more niche markets. [8]

Highway1

In June 2013, PCH launched Highway1, a four-month accelerator program. [9]

Funding and expansion

On 7 June 2011, the company announced that it had raised a new round of funding of $30 million. Two new investors, Northbrooks Investments and J. Christopher Burch, and existing investors Norwest Venture Partners, Triangle Peak Partners, Cross Creek Capital, and Fung Capital participated in the round. [10]

In 2011, the company acquired TNS Distribution, [11] a European distributor of consumer electronics products and accessories for an immediate payment of €6m (US$8.67m) and an earnings-based payment of €5m (US$7.22m) over three years, based on the performance of TNS Distribution.[ citation needed ]

On 15 June 2012, the company announced an agreement to acquire Lime Lab Inc., [12] a Silicon Valley–based product development consultancy.

On 3 March 2015, PCH announced that they had acquired Fab (website), a design e-commerce platform, for an undisclosed sum. [13] The purchase price was later revealed to be $15 million, a huge drop in valuation for the distressed internet company. [14]

Related Research Articles

<span class="mw-page-title-main">STMicroelectronics</span> Semiconductor device manufacturer

STMicroelectronics NV is a European multinational semiconductor contract manufacturing and design company. It is the largest of such companies in Europe. It was founded in 1987 from the merger of two state-owned semiconductor corporations: Thomson Semiconducteurs of France and SGS Microelettronica of Italy. The company is incorporated in the Netherlands and headquartered in Plan-les-Ouates, Switzerland. Its shares are traded on Euronext Paris, the Borsa Italiana and the New York Stock Exchange.

Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. The company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. The company is headquartered in Santa Clara, California, and is the second largest supplier of semiconductor equipment in the world based on revenue behind Dutch company ASML.

Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclusively, located in the United States, mainland China, and Taiwan. Fabless companies can benefit from lower capital costs while concentrating their research and development resources on the end market. Some fabless companies and pure play foundries may offer integrated-circuit design services to third parties.

<span class="mw-page-title-main">Flex Ltd.</span> Singaporean contract manufacturing company

Flex Ltd. is an Singapore-domiciled multinational manufacturing company. It is the third largest global electronics manufacturing services (EMS), original design manufacturer (ODM) company by revenue, behind only Pegatron for what concerns original equipment manufacturers. Flex's U.S. corporate headquarters are located in Austin, Texas. The company has manufacturing operations in over 30 countries, totaling about 172,000 employees.

Jabil Inc. is an American multinational manufacturing company involved in the design, engineering, and manufacturing of electronic circuit board assemblies and systems, along with supply chain services, primarily serving original equipment manufacturers. It is headquartered in the Gateway area of St. Petersburg, Florida. It is one of the largest companies in the Tampa Bay area.

KLA Corporation is an American company based in Milpitas, California that makes wafer fab equipment. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.

<span class="mw-page-title-main">Premier Farnell</span> High-service electronics components distributor

Premier Farnell Ltd. is a distributor of products for electronic system design, maintenance and repair throughout Europe, North America and Asia Pacific, with operations in 36 countries and trading in over 100. In October 2016, the firm was purchased by Avnet in a deal valued at approximately £691 million.

Maxim Integrated Products, Inc., was an American semiconductor company that designed, manufactured, and sold analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim's product portfolio included power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers. The company is headquartered in San Jose, California, and has design centers, manufacturing facilities, and sales offices worldwide. In 2021, the company was acquired by Analog Devices.

<span class="mw-page-title-main">Economy of Bengaluru</span> Big network of Karnataka

Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State.

ON Semiconductor Corporation is an American semiconductor supplier company, based in Scottsdale, Arizona. Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications. onsemi runs a network of manufacturing facilities, sales offices and design centers in North America, Europe, and the Asia Pacific regions. Based on its 2016 revenues of $3.907 billion, onsemi ranked among the worldwide top 20 semiconductor sales leaders, and was ranked No. 483 on the 2022 Fortune 500 based on its 2021 sales.

<span class="mw-page-title-main">Cadence Design Systems</span> American multinational computational software company

Cadence Design Systems, Inc. is an American multinational technology and computational software company. Headquartered in San Jose, California, Cadence was formed in 1988 through the merger of SDA Systems and ECAD. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries, among others.

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

Ensurge Micropower ASA is a Norwegian microbattery manufacturing company with global headquarters, R&D offices, and flexible electronics manufacturing in San Jose, California, United States and corporate headquarters in Oslo. Ensurge designs, develops, and produces solid-state lithium battery (SSLB) products using roll-to-roll printing technology on stainless steel substrates.

<span class="mw-page-title-main">Limor Fried</span> American electrical engineer

Limor Fried is an American electrical engineer and owner of the electronics hobbyist company Adafruit Industries. She is influential in the open-source hardware community, having participated in the first Open Source Hardware Summit and the drafting of the Open Source Hardware definition, and is known by her moniker ladyada, an homage to Lady Ada Lovelace.

<span class="mw-page-title-main">Tower Semiconductor</span> Integrated circuit manufacturer

Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States, and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

In the early twenty-first century; foreign investment, government regulations and incentives promoted growth in the Indian electronics industry. The semiconductor industry, which is its most important and resource-intensive sector, profited from the rapid growth in domestic demand. Many industries, including telecommunications, information technology, automotive, engineering, medical electronics, electricity and solar photovoltaic, defense and aerospace, consumer electronics, and appliances, required semiconductors. However, as of 2015, progress was threatened by the talent gap in the Indian sector, since 65 to 70 percent of the market was dependent on imports.

NextFab Studio, LLC is a network of membership-based makerspaces with locations in Philadelphia and Wilmington. Founded in 2009 by Evan Malone, the for-profit company opened its first location in West Philadelphia’s University City Science Center.

<span class="mw-page-title-main">Sama Jaya Free Industrial Zone</span> Place in Sarawak, Malaysia

Sama Jaya Free Industrial Zone is a high tech industrial zone located in Kuching, Sarawak, Malaysia.

References

  1. 1 2 Hoge, Patrick (15 January 2015). "Bay Area hardware startups get gateway to China's manufacturing universe in Potrero Hill". San Francisco Business Times. Retrieved 15 January 2015.
  2. Reference 2
  3. Rowan, David (14 February 2014). "The man who made geography history". Wired. Retrieved 14 February 2014.
  4. 1 2 Vartan, Starre (1 January 2015). "Game Changers 2015: Liam Casey". Metropolis Magazine. Archived from the original on 30 January 2015. Retrieved 1 January 2015.
  5. "PCH has offices all over the world".
  6. "PCH".
  7. Wasik, Bill (27 June 2014). "The Man Making Silicon Valley Go Crazy for Hardware". Wired. Retrieved 27 June 2014.
  8. "PCH to lay off 1,500 in China as manufacturing boom shifts gear – Independent.ie".
  9. Higginbotham, Stacey (25 June 2013). "Meet Highway1, a hardware incubator that wants to take startups to China and back". Gigaom. Retrieved 25 June 2013.
  10. Robin Wauters, TechCrunch. "Electronics Manufacturing Company PCH International Raises $30 Million." 7 June 2011. Retrieved 7 June 2011.
  11. PCH International announces acquisition of TNS Distribution Archived 20 June 2012 at the Wayback Machine
  12. "PCH agrees to acquire Lime Lab Inc. to expand product development services in California".
  13. Howarth, Dan (3 March 2015). "Fab acquired by PCH to create "the Netflix of design"". Dezeen. Retrieved 3 March 2015.
  14. "Terms of Service Violation". Bloomberg News.