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ECA Reports November Dip in Component Orders

Published: 12 December 2008
 by Staff
ARLINGTON, VA – Electronic component orders took a dip in November, although not nearly as drastic as the one in September, says the Electronic Components Association. The 12-month average, comparing this year’s results to those from 2007, continued the slight descent that began this summer.

Global reports show bleak projections in 2009 for key products that contain electronic components, including automobiles, computers, cellphones and PDAs, says the ECA. One hint of future light came from Henderson Ventures, which predicted that PC shipments would jump more than 13% in 2010 as a result of a combination of economic recovery, replacement cycles, and technological advances such as USB 3.0.
 
“It’s going to be a matter of sticking to fundamentals,” says Bob Willis, ECA president. “I believe companies must not overreact to or be intimidated by issues beyond their control, but remain focused on their core businesses.”
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