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PPG Industries, Powercast to Make Printed Electronic Products
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PPG Industries, Inc. (PPG - Free Report) and Powercast Corporation have entered into a development agreement to make ultra-thin and wirelessly powered printed electronic products. Notably, the advanced solutions combine PPG Industries’ Teslin substrate, conductive inks and Powercast’s Powerharvester receiver technology for delivering over-the-air wireless power.
PPG Industries and Powercast will introduce LED-based wireless illumination solutions for smart consumer packaging and smart identification (ID) cards to enhance security. The combined technologies will enable developers to seal electronics into packaging and cards via lamination to provide indefinite illumination without wires, batteries and charging ports.
PPG Industries’ Teslin substrate and conductive inks have great radio frequency (RF) characteristics that complement Powercast’s long-range wireless power technology.
The illuminated products are developed by printing graphics on one side of Teslin substrate using traditional or digital print technologies. Utilizing conductive inks, the electronic circuitry is printed onto the opposite side of the substrate. Finally, ultra-thin Powerharvester wireless power receiver chip and other components are attached to the substrate using conductive epoxy, and the label is laminated to seal in the electronic circuitry.
The companies will display wireless illumination applications for smart packaging and ID cards at the IDTechEx Show at the Santa Clara Convention Center in California on Nov 14 and 15.
PPG Industries has outperformed the industry over the past year. The company’s shares have lost around 8% compared with roughly 17.8% decline recorded by the industry.
In its third-quarter earnings call, PPG Industries stated that it sees normal business seasonality in the fourth quarter. It also expects overall global economic growth to remain positive. The company witnessed higher industrial production volatility and inconsistency in emerging region growth rates during the third quarter and expects this to continue in the fourth quarter. The company projects fourth-quarter earnings per share in the range of $1.03-$1.13.
PPG Industries’ Performance Coatings segment sales rose more than 2% in constant currencies in the third quarter as higher selling prices more than offset modestly lower sales volumes. The company’s Industrial Coatings segment saw a year-over-year uptick in sales. However, net income at both the segments declined year over year due to raw material and logistics cost inflation.
PPG Industries currently carries a Zacks Rank #4 (Sell).
A few better-ranked stocks in the basic materials space are CF Industries Holdings, Inc. (CF - Free Report) , The Mosaic Company (MOS - Free Report) and KMG Chemicals, Inc. .
CF Industries has an expected long-term earnings growth rate of 6% and a Zacks Rank #1 (Strong Buy). The company’s shares have gained 40.2% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Mosaic has an expected long-term earnings growth rate of 7% and a Zacks Rank #1. The stock has rallied 61.4% in the past year.
KMG Chemicals has an expected long-term earnings growth rate of 28.5% and a Zacks Rank #2 (Buy). Its shares have risen 49.5% in a year’s time.
3 Medical Stocks to Buy Now
The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.
Image: Bigstock
PPG Industries, Powercast to Make Printed Electronic Products
PPG Industries, Inc. (PPG - Free Report) and Powercast Corporation have entered into a development agreement to make ultra-thin and wirelessly powered printed electronic products. Notably, the advanced solutions combine PPG Industries’ Teslin substrate, conductive inks and Powercast’s Powerharvester receiver technology for delivering over-the-air wireless power.
PPG Industries and Powercast will introduce LED-based wireless illumination solutions for smart consumer packaging and smart identification (ID) cards to enhance security. The combined technologies will enable developers to seal electronics into packaging and cards via lamination to provide indefinite illumination without wires, batteries and charging ports.
PPG Industries’ Teslin substrate and conductive inks have great radio frequency (RF) characteristics that complement Powercast’s long-range wireless power technology.
The illuminated products are developed by printing graphics on one side of Teslin substrate using traditional or digital print technologies. Utilizing conductive inks, the electronic circuitry is printed onto the opposite side of the substrate. Finally, ultra-thin Powerharvester wireless power receiver chip and other components are attached to the substrate using conductive epoxy, and the label is laminated to seal in the electronic circuitry.
The companies will display wireless illumination applications for smart packaging and ID cards at the IDTechEx Show at the Santa Clara Convention Center in California on Nov 14 and 15.
PPG Industries has outperformed the industry over the past year. The company’s shares have lost around 8% compared with roughly 17.8% decline recorded by the industry.
In its third-quarter earnings call, PPG Industries stated that it sees normal business seasonality in the fourth quarter. It also expects overall global economic growth to remain positive. The company witnessed higher industrial production volatility and inconsistency in emerging region growth rates during the third quarter and expects this to continue in the fourth quarter. The company projects fourth-quarter earnings per share in the range of $1.03-$1.13.
PPG Industries’ Performance Coatings segment sales rose more than 2% in constant currencies in the third quarter as higher selling prices more than offset modestly lower sales volumes. The company’s Industrial Coatings segment saw a year-over-year uptick in sales. However, net income at both the segments declined year over year due to raw material and logistics cost inflation.
PPG Industries, Inc. Price and Consensus
PPG Industries, Inc. Price and Consensus | PPG Industries, Inc. Quote
Zacks Rank & Stocks to Consider
PPG Industries currently carries a Zacks Rank #4 (Sell).
A few better-ranked stocks in the basic materials space are CF Industries Holdings, Inc. (CF - Free Report) , The Mosaic Company (MOS - Free Report) and KMG Chemicals, Inc. .
CF Industries has an expected long-term earnings growth rate of 6% and a Zacks Rank #1 (Strong Buy). The company’s shares have gained 40.2% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Mosaic has an expected long-term earnings growth rate of 7% and a Zacks Rank #1. The stock has rallied 61.4% in the past year.
KMG Chemicals has an expected long-term earnings growth rate of 28.5% and a Zacks Rank #2 (Buy). Its shares have risen 49.5% in a year’s time.
3 Medical Stocks to Buy Now
The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.
See them today for free >>