Amplitech Group Inc (AMPG)AMPG

Amplitech Group Inc.: An Overview

Company Profile

History and Background: Amplitech Group Inc is a global manufacturer, distributor, and marketer of specialty materials, electronic materials, and chemical and specialty products with headquarters in Los Gatos, California and founded on September 15, 2003. They specialize in high purity metal alloys, sputtering materials, rare-earth metals, chemical compounds, specialty materials, and related services. Amplitech operates across North America, South America, Europe & Asia and caters mainly to a diverse customer base across electronics manufacturing, semiconductor manufacturing, industrial, aerospace, energy, automotive, and advanced research fields.

Core Business Areas:

• Materials Development & Engineering Services: Designing & developing customized high performance specialty materials, metals alloys & compounds with tailored functionalities and physical properties to meet customer product needs. This service also focuses on production optimization through material property optimization.

• Metal Machining & Alloying: Fabrication, design, and development of various sputtering and evaporable materials and components, along with precision machining of ultra high precision metal parts for aerospace & industrial sectors and production and supply for customized high purity metals and alloys, such as aluminum alloys, rare-Earth magnets, high-strength alloys.

• Sputtering Targets & Cathodic Arc Materials Development and Fabrication: Design & Development and supply custom sputter targets, ingots, crucibles, cathodic arc evaporators and ancillary components used in a diverse range of applications including thin-film coatings for semiconductor devices, solar panels, electronics, aerospace, energy, sensors & medical device production.

Leadership Team and Corporate Structure: Amplitech boasts a team of diverse expertise. Currently led by President and Chief Technology Officer Jianhua Sun with a PhD from MIT in Materials Engineering and experience in various technical and managerial leadership positions, the leadership team also includes CFO Michael Wu with over 20 years experience in corporate finance. The organization boasts a decentralized management structure with global operations headed individually, ensuring focused leadership across different geographical and product segments.

Products & Market Share ** Top Products**:

• Electronic and Specialty Materials like indium, gallium, germanium
• High-Purity Sputtering Targets for semiconductor, aerospace, automotive, medical applications
• High-Purity Metal and Chemical Powders

Global & US Market Share:

• Indium & Gallium: 25% global and 45 % US market share in 2006

  • Germanium: 70% US market, 30-32% global share in wafer market
  • High-Purity Sputtering Targets: ~12% market share

• This data is a bit dated (2006-09) from their official filings and might require further research for current figures.

Competition:

• Competitors: Indium Corporation (NYSE: IHM): market leader, ~40% market, followed by JX Nippon Mining, Nilaco (Japan), Sumitomo (China).
• Germanium: GE and H.C. Starck dominant players.
• Sputtering target market includes ULVAC, Canon (Japan), Plansee and Materion Corp(MTRN).