IPC President and CEO John Mitchell issues news statement commenting on President Biden’s signature today on the “CHIPS and Science Act” in Washington, D.C.:
After years of trying to get the funding for the CHIPS Act passed via several different vehicles, the U.S. Congress acted quickly last week to approve a slimmed-down version of the competitiveness package formerly known as “USICA” and “America COMPETES” before the August recess.
IPC issued a news statement from President and CEO John Mitchell on today’s passage of the “CHIPS+” legislation in the U.S. House of Representatives, which follows Senate approval and paves the way to U.S. President Joe Biden’s signature.
The U.S. electronics manufacturing industry is applauding the U.S. Senate for taking bipartisan action on legislation that will, if enacted, spur a new era of innovation, manufacturing and investment within the electronics industry.
IPC announced today the June 2022 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.03.
IPC announced today the June 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.39.
IPC is encouraging the U.S. Senate and House to complete action on slimmed-down R&D legislation, following a Senate vote clearing the way for a vote in the coming days.
On July 19, the U.S. Senate passed a motion to proceed to debate on a slimmed down federal R&D bill that includes more than $52 billion funding to implement the CHIPS Act.
More than 100 top executives representing companies in the U.S. electronics manufacturing industry are urging the U.S. Congress to address critical shortcomings in the printed circuit board (PCB) industry and the entire U.S. electronics supply chain.
Per IPC’s July Global Sentiment of the Electronics Supply Chain Report, nine in 10 electronics manufacturers surveyed are currently experiencing rising material costs, while four-fifths are experiencing rising labor costs.