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Getting to Know Your Designer
In this issue, we examine how fabs work with their design customers, educating them on the critical elements of fabrication needed to be successful, as well as the many tradeoffs involved. How well do you really know your customer? What makes for a closer, more synchronized working relationship?
In this issue, the biggest names in PCB manufacturing share their economic outlook for the upcoming year and beyond. As you will see, they were all bullish on our industry, but there was some apprehension as well. No one wants to get burned by another the supply chain disruption.
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IPC: Economic Growth Projections Lowered for United States, Europe and ChinaJuly 11, 2022 | IPC
Estimated reading time: 1 minute
Per IPC’s July Global Sentiment of the Electronics Supply Chain Report, nine in 10 electronics manufacturers surveyed are currently experiencing rising material costs, while four-fifths are experiencing rising labor costs. Eighty percent of respondents reported they have increased pricing due to higher material and labor costs. Supporting data from IPC’s July Economic Report indicate forces exerting pressure on the global economy, and conversely, the electronics manufacturing industry: growing recession uncertainties, higher gasoline and food prices, geopolitical uncertainties, and China COIVD policies and lockdowns exacerbating supply chain disruptions.
“Other risks remain acute,” said Shawn DuBravac, IPC chief economist. “Inflationary pressures remain historically high in many parts of the world. While supply chains appear to be improving, pricing pressure remains stiff. This is hurting profitability for many businesses but also leading both businesses and consumers to hold off purchases in hopes that prices will normalize. Moreover, higher prices for things like gasoline are crowding out other purchases consumers and businesses might make. How these forces will evolve in the coming months adds to the long list of uncertainties around the globe that will continue to dominate the near-term outlook.
Additional survey results from the global sentiment report indicate:
- Demand remains strong. More than half of survey respondents indicate orders will expand in the next six months
- While some improvements to inventory are expected, ease of recruiting/finding skilled talent are profit margins are likely to remain challenging
- Electronics manufacturers have expressed concern around the future availability of labor, components, materials (especially metals) and semiconductors.
IPC surveyed hundreds of companies from around the world, including a wide range of company sizes representing the full electronics manufacturing value chain.
ROCKA Solutions is excited to announce that Justin Worden, Vice President of Sales & Marketing, will present at the upcoming SMTA Dallas Expo & Tech Forum. The event is scheduled to take place Tuesday, March 19, 2024 at the Plano Event Center.
KYZEN, the global leader in innovative environmentally friendly cleaning chemistries, is thrilled to announce the premier of a new online video series “Ask Dr. Adam.”
I-Connect007 has just released the latest episode of its podcast series, On the Line with..., which focuses on designing for reality in the electronics industry. In this episode, host Nolan Johnson talks with ASC Sunstone VP/Manager Matt Stevenson about CAD tool features and data formats that help designers make better decisions and transfer better designs to manufacturing.
TT Electronics, a leading provider of global manufacturing solutions and engineered technologies, proudly announces the grand opening of its newest manufacturing facility located in Mexicali, Mexico.
NEOTech Launches World-Class NPI and Electronics Manufacturing Center of Excellence in Silicon Valley, Northern CA02/20/2024 | NEOTech
NEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, is excited to announce the upcoming launch of a state-of-the-art New Product Introduction (NPI) and electronics manufacturing center of excellence at its Fremont, CA facility.