Economic data from May and June suggest the U.S. economy was on the mend, but the rise of COVID-19 cases in late June and early July altered that outlook, likely causing a halt to business investment as companies wait for a more certain economic environment.

In a letter to the top four leaders in Congress, IPC stresses that electronics are at the heart of the modern economy and key sectors, including urgently needed medical equipment, critical infrastructure, and defense systems. “Yet, the crisis has exposed vulnerabilities in our manufacturing base,” the letter adds.

IPC and International Electronics Manufacturing Initiative (iNEMI), have signed a Memorandum of Understanding (MoU) to collaborate and share information on developing technology roadmaps, organizing forums, establishing new programs, and identifying additional industry needs and projects for the mutual benefit of the membership of both organizations.