The challenges related to semiconductor and other component shortages will be with us for a considerable time, according to more than a dozen manufacturing executives. We asked these decision-makers and their partners about current issues; the impact of shortages; how long the scarcity will last and how they are protecting themselves from counterfeit goods. We…
The current component shortages are rocking the electronic manufacturing industry as well as the industries that depend on them, which, let’s face it, is most industries. Who’d have thought that a handful of electronic parts could halt production of millions of dollars or automobiles around the world. Well, that’s exactly what happened, and there have…
Editor’s note: Europe’s manufacturing industry – as in other regions – was hard hit by the Covid-19 pandemic. As of July, the IPC trade association said Europe would return to pre-pandemic levels by the end of 2021. “Our expectations for growth in Europe have increased over the last month,” IPC reported. “We now expect GDP…
Editor’s note: Europe was hit hard by the Covid-19 pandemic. As of July, the IPC trade association said Europe would return to pre-pandemic levels by the end of 2021. “Our expectations for growth in Europe have increased over the last month,” IPC reported. “We now expect GDP to expand by 4.7 percent in 2021, up…
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…