As EU Reviews Risk Assessments of Critical Technologies, IPC Stresses Need for Industrial Policy Approach to Include Complete Electronics Ecosystem
IPC recently led a collaboration of more than 100 companies across the electronics industry to produce a report for the European Commission. The report establishes the strategic importance of a robust electronics manufacturing industry, including globally competitive component manufacturers, electronics assemblers (EMS), and printed circuit board (PCB) fabricators, as well as their equipment and materials suppliers.
North American EMS Industry Up 2.9 Percent in August
IPC announced today the August 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.27.
North American PCB Industry Sales Down 26 Percent in August
IPC announced today the August 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.00.
USPAE, DoD Launch $10 Million Defense Business Accelerator to Innovate Commercialization of Advanced Electronics
In a major initiative to innovate how the Department of Defense (DoD) spurs commercial technology development, the U.S. Partnership for Assured Electronics (USPAE) and DoD launched a Defense Business Accelerator (DBX) to open doors for industrial base growth and stimulate private investment.
Product Demand Weakens This Month, Though Operations Remain Generally Healthy
Though product demand weakened this month with Orders and Backlog Indexes slipping, overall electronics industry operations remain healthy per IPC’s September 2023 Global Sentiment of the Electronics Supply Chain Report.
U.S. Economy Remains Resilient, but Headwinds Loom in Months Ahead; Growth in Eurozone Picked up in Second Quarter
The forecast for U.S. economic growth, initially expected to be 0.5 percent at the beginning of 2023, is now expected to grow by 2 percent. While the U.S. economy has surpassed expectations, the Federal Reserve has raised rates significantly over the last year, signaling tremendous headwinds as those rates take effect. In Europe, growth in the Eurozone expanded by 0.3 percent compared to the previous quarter, marking the most substantial growth since the second quarter of 2022, according to IPC’s August 2023 Economic Outlook report.