-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueWet Process Control
In this issue, we examine wet processes and how to obtain a better degree of control that allows usable data to guide our decisions and produce consistently higher-quality products.
Don’t Just Survive, Thrive
If we are to be relevant and prosper during these next critical decades in electronics, we must do more than survive. As an industry, we can and must thrive. In this issue, our contributors explore these concepts meant to help you take your business to the next level.
Material Matters
Materials management is nuanced, multifaceted, and requires a holistic systems approach for business success. When building high mix, low volume, and high technology, managing materials and overall cost containment are even greater challenges.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
North American EMS Industry Down 7.4% in October
November 23, 2023 | IPCEstimated reading time: 1 minute
![](https://iconnect007.com/application/files/9616/9835/3699/IPC_thumb2.jpg)
IPC announced the October 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.23.
Total North American EMS shipments in October 2023 were down 7.4 percent compared to the same month last year. Compared to the preceding month, October shipments decreased 0.5 percent.
EMS bookings in October decreased 19.5 percent year-over-year and decreased 4.8 percent from the previous month.
“EMS bookings were weak for the second consecutive month. The year-to-date trend for bookings declined to its lowest level of the year,” said Shawn DuBravac, IPC chief economist.
Detailed Data Available
Companies that participate in IPC’s North American EMS Statistical Program have access to detailed findings on EMS sales growth by type of production and company size tier, order growth and backlogs by company size tier, vertical market growth, the EMS book-to-bill ratio, 3-month and 12-month sales outlooks, and other timely data.
Interpreting the Data
The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months. A ratio of less than 1.00 indicates the reverse.
Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.
IPC’s monthly EMS industry statistics are based on data provided by a representative sample of assembly equipment manufacturers selling in the USA and Canada. IPC publishes the EMS book-to-bill ratio by the end of each month.
Suggested Items
Global Semiconductor Sales Increase 18.7% Year-to-Year in July
09/03/2024 | SIAThe Semiconductor Industry Association (SIA) announced global semiconductor industry sales hit $51.3 billion during the month of July 2024, an increase of 18.7% compared to the July 2023 total of $43.2 billion and 2.7% more than the June 2024 total of $50.0 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
North American PCB Industry Sales Down 21.2 Percent in July
08/26/2024 | IPCIPC announced the July 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.99.
North American EMS Industry Up 1.9% in July IPC releases EMS industry results for July 2024
08/26/2024 | IPCIPC announced the July 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.21.
Eltek Reports Q2 2024 Financial Results
08/16/2024 | PRNewswireEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2024.
Compal Electronics Reports July 2024 Revenue
08/12/2024 | Compal Electronics Inc.Compal Electronics announced its consolidated revenue for July 2024. The company reported NT$76.44 billion (USD $2.54 billion) in revenue, representing a 7.5% decrease month-over-month (MoM) and a 9.9% decrease year-over-year (YoY).