U.S. Purchasing Managers Index Register 61.2% for May
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee who explained: “The May Manufacturing PMI® registered 61.2 percent, an increase of 0.5 percentage point from the April reading of 60.7 percent. This figure indicates expansion in the overall economy for the 12th month […]
North American EMS Industry up 10.5 Percent in April
IPC Releases EMS Industry Results for April 2021 IPC announced today the April 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.62. Total North American EMS shipments in April 2021 were up 10.5 percent compared to the same month last year. Compared to the preceding month, April […]
Smaller Companies Fuel Growth in Worldwide Wearables Market in 1Q21, Says IDC
NEEDHAM, Mass. – The appetite for wearable devices remained strong in the first quarter of 2021 (1Q21) even as volumes retreated from record fourth quarter levels. According to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, companies shipped a total of 104.6 million units in 1Q21. This marked a 34.4% increase from […]
Quarterly Revenue of Top 10 Foundries Breaks Records in 1Q21 Owing to Price Hikes Caused by Tight Foundry Capacities, Says TrendForce
Owing to soaring demands for various end devices, manufacturers have been ramping up their component procurement activities, and foundry capacities, as a result, have been in shortage since 2020, with various foundries raising their wafer prices and adjusting their product mixes to ensure profitability, according to TrendForce’s latest investigations. Despite the result for 4Q20 being […]
The Biden Administration Can Help Fix America’s Manufacturing Woes
In this opinion piece, John Mitchell, CEO and President of IPC, explains how President Biden can address the semiconductor shortage with long term solutions.