Company Description
TTM Technologies, Inc. (NASDAQ: TTMI) is a global manufacturer in the electronics industry with a focus on technology products and bare printed circuit board manufacturing. According to company disclosures, TTM describes itself as a leading global manufacturer of technology products and technology solutions, including mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (PCBs). The company’s name, TTM, stands for time-to-market, reflecting its emphasis on time-critical, one-stop design, engineering and manufacturing services that help customers reduce the time required to develop new products and bring them to market.
TTM Technologies is based in Santa Ana, California, and its common stock is listed on the Nasdaq Global Select Market under the symbol TTMI, as indicated in its SEC filings. The company operates in the manufacturing sector, with an industry focus on bare printed circuit board manufacturing and related technology products.
Business focus and product offering
Company descriptions and news releases state that TTM’s business centers on manufacturing technologically advanced PCBs and related technology products. Its offerings include:
- Mission systems
- RF components
- RF microwave/microelectronic assemblies
- Quick-turn and technologically advanced printed circuit boards
In addition, prior descriptions note that TTM has provided layout design and simulation and testing services associated with its printed circuit boards. TTM has also described itself as organizing operations into segments that include printed circuit boards and RF & Specialty (RF&S) components.
End markets and applications
According to company materials and selected financial information, TTM’s products and solutions are used across a range of end markets. These include:
- Aerospace and defense
- Automotive
- Data center computing
- Networking
- Medical, industrial and instrumentation
- Telecom, test and measurement, and commercial off-the-shelf (COTS) mil-aero applications for RF components
Company communications highlight demand from data center computing and networking end markets, including requirements associated with generative AI, as well as growth in medical, industrial and instrumentation, and aerospace and defense markets.
RF components and specialty products
Within its RF & Specialty components activities, TTM has announced ultra small RF crossover and splitter components, including devices designed for high-frequency applications up to 40 GHz. These RF components are positioned for use in telecom, test and measurement, and COTS mil-aero applications. TTM notes that these parts undergo qualification testing and 100% RF testing, and are part of its broader RF microwave/microelectronic assemblies and RF components portfolio.
Time-to-market orientation
Across its public descriptions, TTM emphasizes its role as a time-critical, one-stop provider of design, engineering and manufacturing services. The company states that this time-to-market focus enables customers to shorten development cycles and accelerate the introduction of new electronic products. This orientation applies to its PCB manufacturing, mission systems, and RF-related offerings.
Corporate profile and governance
TTM Technologies is incorporated in the United States and reports as a public company under the Securities Exchange Act of 1934. SEC filings confirm that its common stock, with a par value of $0.001 per share, trades under the symbol TTMI on the Nasdaq Global Select Market. The company has disclosed leadership transitions at the chief executive officer level and maintains governance structures that include a board of directors and board committees, as reflected in its Form 8-K filings.
Financial reporting and segments
In its financial disclosures, TTM provides information on operating segments and end-market breakdowns. Selected data show segment reporting that includes:
- Aerospace & Defense
- Commercial
- RF&S Components
End-market disclosures in company materials reference aerospace and defense, automotive, data center computing, medical/industrial/instrumentation, and networking as key areas. TTM also reports on metrics such as net sales, operating income, gross margin, operating margin, and segment operating income in its public financial information.
Security and certifications
TTM has announced that it has been appraised at Cybersecurity Maturity Model Certification (CMMC) Level 2. The company describes this as demonstrating adherence to security practices aligned with NIST SP 800-171 and a commitment to safeguarding Controlled Unclassified Information (CUI) and meeting cybersecurity requirements of the U.S. Department of Defense. TTM states that it will continue to invest in cybersecurity governance across its offerings.
Industry recognition and participation
Company news releases indicate that TTM and its team members have received awards from industry organizations such as the Global Electronics Association (formerly IPC connecting global electronics industry), including Asia Steering Committee Outstanding Service Awards recognizing contributions to electronics manufacturing standards and education. TTM also participates in electronics industry conferences and trade fairs, and its management team attends investor conferences hosted by financial institutions.
Use of TTM Technologies stock information
Investors researching TTMI stock typically review TTM’s role as a manufacturer of technology products and PCBs, its end-market exposure, and its segment reporting. Public filings on the Nasdaq Global Select Market listing, Form 8-K disclosures, and company news releases provide context on operations, governance, certifications, and financial performance. Because TTM’s business spans mission systems, RF components, RF microwave/microelectronic assemblies, and advanced PCBs, its stock can be relevant to those analyzing the electronics manufacturing and technology hardware supply chain.