The worldwide contract manufacturing (CM) market experienced an excellent increase in revenue—an estimated 7.1 percent—which is far in excess of the annual worldwide GDP rate of –3.2% as established by the International Monetary Fund in 2020, according to New Venture Research (NVR) in its annual electronics manufacturing services report. The industry reached an all-time high…
IPC announced today the April 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.62. Total North American EMS shipments in April 2021 were up 10.5 percent compared to the same month last year. Compared to the preceding month, April shipments fell 11.9 percent. EMS bookings in April…
IPC announced today the March 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.43. Total North American EMS shipments in March 2021 were down 3.6 percent compared to the same month last year. Compared to the preceding month, March shipments rose 10.9 percent. EMS bookings in March…
Manufacturing Market Insider, a newsletter specializing in the EMS (electronics manufacturing services) industry, has released its annual MMI Top 50™ list of the world’s largest EMS providers. In 2020, Top 50 sales accounted for $384 billion in revenue – an increase of $17 billion from 2019. MMI mainly tabulates its ranking information through an annual…
Editor’s note: This is the second part of a series examining the electronics industry’s response to the global Covid-19 pandemic. Going digital Electronics companies are adjusting their business strategies in the wake of the global Covid-19 pandemic. Hand in hand with a push for efficiency is a greater willingness to invest in and work toward…
While 2020 is behind us, the continuing global pandemic has taught a host of supply chain lessons, highlighting both the strengths and weaknesses of electronics suppliers, distributors, and manufacturers. In the turn of a calendar year, this traditional industry has gone from embracing the way it’s always been done to looking at new ways of…
Electronics manufacturing services (EMS) providers in many regards resemble OEMs – they design, assemble, ship and even support end products. But the distinctions between the businesses are extremely important, particularly when it comes to matters of compliance. The conflict minerals provision of the Dodd-Frank Act, for example, requires manufacturers to disclose the use of tin,…
Depending on how one defines “reshoring,” manufacturing activity is increasing in the Americas. Specifically, electronics businesses and researchers say, Mexico is the biggest beneficiary of North American manufacturing companies re-thinking their global footprint. An executive of a U.S.-based electronics manufacturing services (EMS) company at a recent ECIA gathering said that bad experiences in China have had…
As millennials begin to replace baby boomers in the electronics workforce, corporate priorities are beginning to shift. Millennials place significant value on their employer’s corporate social responsibility (CSR) stance, for example. As companies try to do good, however, they are also increasing their supply chain risks. Risk mitigation has become top of mind in the…
When ZeeVee Inc. was founded in 2007, its principals knew exactly where it would manufacture: China. A significant number of OEMs and electronics manufacturing services (EMS) providers had spent the prior decade moving manufacturing facilities there, so ZeeVee decided to follow best practices at that time. Today, ZeeVee, a manufacturer of video and signal distribution…