By: Dylan Sikes - AllPennyStocks.com News

Thursday, December 31, 2015

According to microwaves & rf, the RF front-end market for handsets is expected to reach $12 billion by 2018. The forecast was made by Mobile Experts in their 180-page report on the market for RF components in handsets, tablets, PCs, and machine-to-machine modems. Mobile Experts also expects the convergence of multiple technologies, several of which are disruptive. The technologies include complementary-metal-oxide-semiconductor (CMOS) power amplifiers (PAs), envelope tracking, antenna tuning, multimode, multiband PAs, filter integration and packaging techniques, carrier aggregation, and advanced multiple-input multiple-output (MIMO) in mobile terminals.

Mobile Experts notes in its extensive report that the RF front-end market is expected to grow quickly. However, amplifiers, filters, switchers, tuners and antennas are expected to grow at different rates.

Wednesday morning, AmpliTech Group (OTCQB:AMPG), a Bohemia, New York-based company reported that it received more than $1 million in orders in the fourth quarter of 2015. AmpliTech is a designer, developer, and manufacturer of custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space and Military markets. The company’s designs cover the frequency range from 50 kHz to 40 GHz. AMPG also provides consulting services to help with any microwave components or systems design problems. AMPG has seen steady growth for more than a decade, driven by more than a decade of its ability to provide complex, custom solutions for nearly any custom requirements that are presented to it.

AmpliTech Group today said that it has received more than $1 million in orders in the fourth quarter of 2015. The company also said that it has reached a record high in revenues for 2015. On a year-over-year basis, AMPG’s revenue for 2015 rose 16%.

Fawad Maqbool, CEO at AmpliTech, said that the company’s strategy for increasing revenue and profitability is working and with the very large increase in bookings this year, it expects to have a great 2016 as well. Maqbool further said that with new products coming out next year and continued sales and marketing strategy, AMPH’s revenue will continue to increase. Maqbool added that with new lower rate financing, it can improve its throughput as well as its bottom-line. He added that the company will be moving into a new larger facility, which will improve production and increase the overall efficiency of its manufacturing and development process.

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