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Germany’s Electronic Manufacturing Up |
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Written by Philip Buonpastore
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Wednesday, 12 March 2008 |
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GERMANY –
The German Electronics manufacturing industry saw orders for electronic
goods rise by near 12% for the fourth quarter 2007, which led to a 4.3%
increase in revenues for the same period, according to the German Electric and Electronic Manufacturers' Association (ZVEI).
Manufacturers
have stated that revenue growth might have been higher, but was
impacted by the lesser number of working days in the fourth quarter (60
as opposed to 65).
The
Book-to-bill ratio reached 1.10, indicating a coming increase in sales. The number of employees increased slightly by 0.4%.
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