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IPC Releases Results for January 2008
Written by Philip Buonpastore
Friday, 29 February 2008
BANNOCKBURN, IL - The IPC (Association Connecting Electronics
Industries) announced the January 2008 findings from its monthly North
American Printed Circuit Board (PCB) Statistical Program.
Rigid PCB shipments were up 5.6% for January, and bookings were up
13.7% year-over-year. The book-to-bill ratio for the North American
rigid PCB industry slipped to 0.97.
Flexible circuit shipments were down 17.9% and bookings were down 20.9%
as compared to January 2007. The North American flexible circuit
book-to-bill ratio declined to 0.96.
For rigid PCBs and flexible circuits combined, industry shipments in
January increased 4% year-over-year, and orders booked increased 10.9%.
The combined (rigid and flex) industry book-to-bill ratio in January
2008 fell to 0.97.
“The rigid PCB segment showed strong year-over-year growth in January,
which is encouraging,” said IPC President Denny McGuirk. “Orders have
lagged shipments in both segments of the PCB industry for the past two
months, causing book-to-bill ratios to dip slightly below parity, but
this should not raise concerns. January is typically a slow month for
the industry, and monthly fluctuations like this are normal.”
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 two to three months.
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