USPAE Entering Rapid Growth Phase to Better Connect Industry, Government
The U.S. Partnership for Assured Electronics (USPAE) is entering a new phase of rapid growth to better connect the electronics industry with government needs and opportunities. Effective immediately, membership dues are reduced to $1,000 for all organizations, and the process to join is streamlined.
CHIPS Act Implementation Requires Strong Focus on "Advanced Packaging," Industry Leaders Say
Leaders of top semiconductor, microelectronic, IC-Substrate, PCB, EMS, and OSAT companies along with the U.S. government and European Commission are gathering in Washington, D.C. this week to discuss "the next big thing" in CHIPS Act implementation: expanding "advanced packaging" capacities and capabilities to go along with expanding production of semiconductor chips.
Challenging Conditions Ahead for Electronics Manufacturers per IPC’s Global Sentiment of the Electronics Supply Chain Report
Per IPC’s September Global Sentiment of the Electronics Supply Chain Report 81 percent of electronics manufacturers are currently experiencing rising material costs while 74 percent indicate labor costs are on the rise. At the same time, ease of recruitment, profit margins and inventory available from suppliers are presently declining.
Industry Well Represented on New U.S. Government Advisory Committee on Microelectronics
Two of the electronics industry’s most far-sighted and innovative leaders have been named to the U.S. Department of Commerce’s new Industrial Advisory Committee (IAC), which will provide guidance to the Secretary of Commerce on a range of issues related to CHIPS for America Act programs.
Likelihood of a Recession in 2023 in the United States and Europe Continues to Increase
According to IPC’s September 2022 economic outlook report, the economic picture in the United States continues to dim and the likelihood of a recession next year continues to increase.
EMS North America Industry Report, August 2022
IPC has announced the August 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.31.