In a letter signed by 54 microelectronics executives, IPC, the global association for electronics manufacturing, and the Printed Circuit Board Association of America (PCBAA) are calling on Congress to fully fund the Defense Production Act Purchases Account at the House-passed level of $618 million and $1.08 billion for the Industrial Base Analysis and Sustainment program.

Electronics Industry sentiment improved during January, with electronics manufacturers, on average, stating that they expect 5.2 percent revenue growth for 2023, with an increase to 9.5 percent in 2024, according to IPC’s January 2024 Global Sentiment of the Electronics Supply Chain Report.

IPC joined with the Printed Circuit Board Association of America (PCBAA) to deliver a letter to Congress today that was signed by 54 member companies. The impactful letter called on Congress to fully fund the Defense Production Act Purchases Account at the House-passed level of $618 million and $1.08 billion for the Industrial Base Analysis and Sustainment program.  

The latest political stalemate over the federal budget is creating headaches for programs of importance to the electronics industry. The federal government is now almost four months into Fiscal Year 2024 without Congress having passed any full-year FY24 spending bills.

IPC announced today the December 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.20.

IPC announced today the December 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.90.

IPC appreciated the opportunity to participate in a January 16, 2024 workshop organized by the European Commission to collect feedback on needs, challenges, and drivers for advanced materials. At the workshop, IPC highlighted the importance of advanced materials for electronics manufacturing and underlined the need for a comprehensive silicon-to-systems approach.

The following is a statement by Richard Cappetto, Senior Director, North American Government Relations at IPC, on the release of the National Defense Industrial Strategy (NDIS) yesterday by the U.S. Department of Defense. A fuller statement is in this IPC Blog.

This afternoon the U.S. Department of Defense (DOD) released a long anticipated National Defense Industrial Strategy (NDIS).

Electronics industry sentiment took a dip in December with New Order, Shipment, and Backlog Indices falling, with only Capacity Utilization Index holding steady. Despite the dip, overall demand sentiment remained in positive territory, per IPC’s December 2023 Global Sentiment of the Electronics Supply Chain Report.