IPC announced today the March 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.24.

IPC, the global electronics association, welcomes the exclusion of key electronics components and technologies (laptops and smartphones) from recently imposed reciprocal tariff measures.

The global electronics manufacturing industry finds itself at another crossroads following what the White House called "Liberation Day" - a sweeping announcement of new tariffs that has sent shockwaves through international supply chains. What began as concerns about potential tariffs on specific materials has exploded into a comprehensive restructuring of global trade relationships, with implications that reach far beyond immediate price increases.

IPC is eager to work with President Trump, his administration, and Congress on policies that profoundly strengthen U.S. electronics manufacturing. We urge a collaborative strategy that fosters domestic growth while maintaining global connections critical to long-term competitiveness.

Join IPC on April 29 at 10:00 AM EST for Crosswinds & Crises: Navigating the Economic Crossroads of 2025, a free live session led by IPC Chief Economist Dr. Shawn DuBravac. This critical update will offer insights into the risks, opportunities, and evolving dynamics shaping the economic landscape.

IPC stands with an industry coalition calling on the European Parliament to adopt the "Stop-the-clock" proposal included in the Omnibus sustainability package at its meeting on April 1.

In a letter sent last Wednesday, President Donald J. Trump charged Michael Kratsios, the newly confirmed Director of the White House Office of Science and Technology Policy (OSTP), with charting a bold strategy for achieving American leadership in artificial intelligence (AI) and critical technologies.

IPC Urges White House to Take Decisive Action to Strengthen U.S. PCB Manufacturing

This Thursday marks two years since President Biden issued Presidential Determination 2023-06, which invoked the Defense Production Act (DPA) to catalyze U.S. investment in printed circuit board (PCB) and advanced packaging manufacturing.

The electronics manufacturing services (EMS) sector continues to show resilience despite facing significant headwinds from unpredictable trade policies and economic uncertainty. Industry metrics remain strong, with both EMS and PCB book-to-bill ratios showing positive performance, though questions linger about sustainability as global tensions escalate.