Cyclical industries are always predictable in that they are up until they are down. Kidding aside, correctly anticipating the swings is the goal of any buyer or seller. And every so often a particular event moves the needle drastically, to the point that even the veterans are caught off guard.
While there can be pockets of higher margin business, the electronics manufacturing services industry is for the most part a fairly low margin industry.
As designers and manufacturers of advanced technology products, living day by day on the slippery slope that separates bleeding edge and commodity technology, one thing we have become pretty comfortable dealing with is paradigm shifts.