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04/14/2026 | SEMI
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Nolan’s Notes: Our Spotlight on Europe

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The European PCB industry has faced a prolonged decline over the past two decades. Reporting on the EIPC Winter Conference in January, Pete Starkey wrote: “Europe’s industrial recession continues. Germany’s manufacturing sector has been in continuing decline since mid-2022, and corporate bankruptcies are at a 10-year high. UK electronics sales are down, and France is showing slight signs of recovery after three years of decline."

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