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I-Connect007 Survey Details Concerns About Future of Industry
April 28, 2020 | I-Connect007 Research TeamEstimated reading time: Less than a minute
I-Connect007 continues to monitor the current worldwide economic situation by seeking input from our market leaders. Here’s what we discovered: If you’re feeling the pressure, you’re not alone.
In a recent survey, we asked about your primary concerns for the future of our industry. The number one concern (26%) indicated a belief that sales will be affected negatively in the coming months.
That was followed closely by primary concerns about supply chain in the electronics market (17%), the ability to retain quality employees in our worldwide industry (10%), and the spreading of COVID-19 (10%).
While survey respondents were less worried about cybersecurity (2%), new equipment (5%), China (3%) and smart factories (5%), about 20% of respondents shared other primary concerns, among them:
- “Not enough new design talent coming into the PCB industry”
- “Offshore competition”
- “Government driving up energy costs”
- “Product liability”
- “Keeping design under designers and not merging with engineers”
- “Miniaturization”
- “That there will be a future”
- “Earning enough margin to afford to hire top talent and keep current on the best CAD tools”
Check back for the latest on the COVID-19 outbreak and its effect on the electronics industry.
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04/24/2024 | I-Connect007 Editorial TeamIn our fast-changing, deeply competitive, and margin-tight industry, factory analytics can be the key to unlocking untapped improvements to guarantee a thriving business. On top of that, electronics manufacturers are facing a tremendous burden to do more with less. If you don't already have a copy of this book, what follows is an excerpt from the introduction chapter of 'The Printed Circuit Assembler’s Guide to... Factory Analytics: Unlocking Efficiency Through Data Insights' to whet your appetite.
Elevating PCB Design Engineering With IPC Programs
04/24/2024 | Cory Blaylock, IPCIn a monumental stride for the electronics manufacturing industry, IPC has successfully championed the recognition of the PCB Design Engineer as an official occupation by the U.S. Department of Labor (DOL). This pivotal achievement not only underscores the critical role of PCB design engineers within the technology landscape, but also marks the beginning of a transformative journey toward nurturing a robust, skilled workforce ready to propel our industry into the future.
Winner of The Science Show Rakett 69 Receives Incap Scholarship
04/24/2024 | IncapThe winner of the Rakett 69 science show, Andri Türkson, who stood out as an electronics enthusiast, received a scholarship from Incap Estonia, along with an internship opportunity in Saaremaa.
Alternative Manufacturing Inc. Awarded QML Requalification to IPC J-STD-001 and IPC-A-610
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Boeing's Janene Stinson Earns IPC Excellence in Education Award at IPC APEX EXPO 2024
04/22/2024 | IPCThe IPC Excellence in Education award was presented to Janene Stinson, Boeing, at IPC APEX EXPO 2024 in Anaheim, California, in recognition of her significant contributions to workforce development and leadership.