U.S. Manufacturers: 4.1% Growth Forecast in 2016

The domestic manufacturing industry—which appears to be ending 2015 on a sour note – expects moderate growth in 2016. The U.S. manufacturing base in November contracted for the first time in three years, according to the Institute for Supply Management’s  leading business index.  For 2016, 63 percent of respondents to the ISM’s Semiannual Economic Forecast…

IPC: Domestic PCB Market to Improve

Following four years of declining sales, the North American printed circuit board (PCB) market is expected to improve in 2015 and grow modestly through 2017, according to the IPC. The decline, which has been linked to slowing sales of rigid PCBs, has not been offset by increased demand for flexible PCBs, which has grown steadily…

Chinese Wearable Device Vendors Challenge Market Leaders

A new IDC report reveals that Chinese manufacturers are making significant inroads as leading wearable device vendors with volume shipments continuing to ramp significantly. Global shipment volume for wearables in the third quarter of 2015 (3Q15) totaled 21 million units, up 197.6 percent from 7.1 million units shipped in 3Q14, according to the International Data…

CEOs: Many Businesses Lack Resilience

The electronics industry — in fact, most industries — acknowledge that the supply chain must be resilient. In order to accomplish this, however,  businesses themselves have to have resilience embedded in their infrastructure and practices. But only 29 percent of CEOs polled by the British Standards Institution (BSI) and The Economist Intelligence Unit (EIU) believe they…

Emerging Markets Fuel Smartphone Demand

There is good news for electronics components suppliers in the mobile device sector. Smartphone manufacturers saw healthy demand in the third quarter (Q3) of 2015, which is expected to continue into the fourth quarter. Demand for affordable smartphones in emerging markets fueled worldwide sales of smartphones in Q3 2015, according to Gartner, Inc. Global sales of smartphones…