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4 December 2017

NEWS FROM THE IPC

North American PCB Sales Growth Remains Positive

IPC Releases PCB Industry Results for October 2017

 

IPC have announced the October 2017 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Positive year-over-year shipment and order growth continued October. The book-to-bill ratio remained high in October at 1.12.

Total North American PCB shipments in October 2017 were up 3.6 percent compared to the same month last year. This year to date, shipments are 2.9 percent below the same period last year. Compared to the preceding month, October shipments decreased 2.9 percent.

PCB bookings in October increased 13.9 percent year-on-year, while year-to-date order growth grew to 4.9 percent above the same period last year. Bookings in October were up 0.5 percent compared to the previous month.

“The North American PCB industry appears to be recovering from this year’s slump. Year-on-year sales growth in October was positive for the second consecutive month and is strengthening,” said Sharon Starr, IPC’s director of market research. “The outlook is positive too, based on continued growth in orders and on PCB book-to-bill ratios above parity (1.0) for the ninth consecutive month.  After reaching a 12-year high in August, the book-to-bill ratio has retreated slightly due to growth in sales, but it remains very strong, indicating a likelihood of further sales growth in the coming months,” she added.

Detailed Data Available

The next edition of IPC’s North American PCB Market Report, containing detailed October data from IPC’s PCB Statistical Program, will be available next week. The monthly report presents detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, growth trends by company size tiers, demand for prototypes, and other timely data. This report is available free to current participants in IPC’s PCB Statistical Program and by subscription to others. More information about this report can be found at www.ipc.org/market-research-reports.

Interpreting the Data

The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months. A ratio of less than 1.00 indicates the reverse.

Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.

IPC’s monthly PCB industry statistics are based on data provided by a representative sample of both rigid PCB and flexible circuit manufacturers selling in the USA and Canada. IPC publishes the PCB book-to-bill ratio at the end of each month. Statistics for the current month are normally available in the last week of the following month.

IPC APEX EXPO 2018 Attendees Can Succeed at the Velocity of Technology at Free Networking Events

IPC APEX EXPO attendees can meet with electronics industry innovators and connect with peers all in one place at the San Diego Convention Center, February 27–March 1.

From the exhibit floor to the classroom and everywhere in between, including the International Reception, First-Timers’ Welcome; Show Floor Reception and Ice Cream Social; Women in Electronics Networking Reception; Exhibition Ribbon Cutting Ceremony, New Products Corridor, and more, attendees can connect and collaborate.

Among the highly anticipated special events is a free opening keynote by founder and director of Google Ideas at Google and now CEO of Jigsaw (its successor arm with Alphabet Inc.), Jared Cohen. On Tuesday, February 27, Cohen will present, “Game Changers: Technology and the Next Big Disruptions,” providing answers to the question on every attendee’s mind: “what’s next for the world of technology?” On Wednesday, February 28, John Mitchell, IPC president and CEO, will discuss how today’s technology and business requirements are changing at an ever-accelerating pace. With millennials making up the largest workforce this planet has ever known, Mitchell will show how understanding the challenges and solutions in educating today’s workforce, is critical to businesses and leaders around the globe during his presentation, “Educating a 21st Century Workforce.”

In addition, tackling the hot topics that have the electronics industry buzzing, 10 free Buzz sessions will be offered. The industry’s top technical experts on subjects ranging from 3D printed electronics and Industry 4.0 to China environmental issues and a pulse of the electronics industry and business outlook will provide insights into timely issues surrounding each of these buzz-worthy topics.

“The special events at the show add tremendous value for attendees,” says Alicia Balonek, IPC senior director of trade shows and events. “Most of the events are free with advance registration — whether you register in advance for complimentary exhibit hall admission or sign up for our most comprehensive educational package, the All-Access Package.

“Networking in person makes a difference; and attendees have a great opportunity to network with thousands of their electronics industry peers from around the globe at IPC APEX EXPO 2018,” Balonek adds. “Improving their company’s performance and furthering their personal success, making new connections and strengthening existing relationships—it’s what makes the IPC APEX EXPO experience priceless.”

Many of the special events as well as access to the exhibit hall are free to those who register in advance, a savings of $40 on-site. Attendees who register by January 19 will save 20 percent off registration fees. In addition, attendees who register for the All-Access Package will receive a significant percentage off a la carte options. Details, including dates and times, are available at www.IPCAPEXEXPO.org.

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