/C O R R E C T I O N -- ICZOOM Group Inc./
Rhea-AI Summary
ICZOOM Group Inc. (NASDAQ: IZM) announced the launch of integrated PCB manufacturing and SMT assembly services at ELEXCON 2025 in Shenzhen. This expansion beyond component distribution strengthens ICZOOM's one-stop electronics manufacturing solution.
The company will partner with quality manufacturers to integrate these new services into its existing offerings, providing customers with comprehensive solutions including electronic component procurement, customs declaration, smart warehousing, PCB manufacturing, and SMT assembly. The initiative aims to enhance service capabilities and meet the growing needs of small and medium-sized enterprise (SME) customers.
Positive
- Expansion into PCB manufacturing and SMT assembly services broadens revenue streams
- Integration of new services strengthens comprehensive one-stop solution offering
- Strategic focus on serving growing SME market segment
Negative
- Dependence on third-party manufacturers for new services could impact quality control
News Market Reaction 2 Alerts
On the day this news was published, IZM declined 1.22%, reflecting a mild negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $339K from the company's valuation, bringing the market cap to $27M at that time.
Data tracked by StockTitan Argus on the day of publication.
In the news release, ICZOOM Group Inc. Announced the Launch of PCB & SMT Services to Strengthen One-Stop Electronics Industry Solution at IIC Shenzhen 2025, issued 28-Aug-2025 by ICZOOM Group Inc. over PR Newswire, we are advised by the company that the event name and organizer were incorrectly stated. The complete, corrected release follows:
ICZOOM Group Inc. Announced the Launch of PCB & SMT Services to Strengthen One-Stop Electronics Industry Solution at Elexcon 2025
Organized by UBM Creative Exhibition (
ICZOOM officially announced its launch of PCB and SMT services at the event. This initiative marks ICZOOM's expansion beyond component distribution into manufacturing services, which establishes a more comprehensive profit model and service loop, and enhance its vision of a "One-Stop Electronics Manufacturing Solution."
ICZOOM will leverage its industry network and experience to partner with high-quality manufacturers in the industry to integrate PCB and SMT services into its existing one-stop order fulfilment services, which will provide customers with full-process services ranging from electronic component procurement, customs declaration, smart warehousing and PCB manufacturing to SMT assembly.
With its continuing efforts to serve small and medium-sized enterprise ("SME") customers, ICZOOM believes that these newly launched PCB and SMT solutions could satisfy its customers' increasing needs, strengthen its comprehensive service capabilities.
About ICZOOM Group Inc.
ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in
http://ir.iczoomex.com/index.html.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "should," "will," "could" and similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the
View original content to download multimedia:https://www.prnewswire.com/news-releases/iczoom-group-inc-announced-the-launch-of-pcb--smt-services-to-strengthen-one-stop-electronics-industry-solution-at-iic-shenzhen-2025-302540780.html
SOURCE ICZOOM Group Inc.