Reading time ( words)
Themes that IPC's Chief Economist Shawn DuBravac offered last month continue to play out. Global demand remains strong, but the economic environment is softening. We are starting to see some early signs that demand is slowing. While there are still many reasons to remain optimistic, growth moving forward will be more difficult to achieve. The pandemic remains the largest risk factor right now. Surging new COVID-19 cases are limiting the potential for growth.
In addition to DuBravac's observations, you will also find U.S. and European data on economic growth, employment, consumer sentiment, manufacturers’ sentiment (PMI), manufacturing capacity utilization, and end markets for electronics.
As referenced in this month’s report, IPC released a new report examining the current state of the global electronics supply chain. This research will be updated monthly in order to gauge the current pulse of the industry. The current report summarizes the current conditions well. Read findings from the global sentiment report.
I-Connect007 Editorial Team
Michael Carano is a noted subject matter expert with respect to process control, electroplating and metallization technology, surface finishing, and reliability. So, it was only natural that we sat down to talk about mechanizing an existing facility given today’s fickle environment. Will any of the CHIPS funding trickle down to bare board fabrication? What process can be adjusted on the factory floor? The focus needs to be more than just on manufacturing and getting work out the door, he says, but also process control.
Andy Shaughnessy, Design007 Magazine
It’s officially fall now, and in Atlanta the temperature has plummeted to the mid-80s. We’ve all bumped our air conditioners up to 74 degrees. That means it’s trade show season, and I’ve been busy looking for my suitcase. This week, we have an assortment of news about associations, education, and advocacy, as well as another installment of our Printed Electronics Roundtable. And if you’re looking for a job, you are in luck; our jobConnect007 section is chock-full of open positions at all levels in this industry.
Suhani Chitalia and Kelly Scanlon, IPC
Leading companies in the electronics manufacturing industry are highly intentional about their environmental, social and governance (ESG) priorities, with climate change and energy use among the most closely scrutinized issues, an IPC analysis shows. As part of IPC’s ESG for Electronics initiative, IPC is interested in developing resources for members on the most common ESG methods and priorities of leading companies across the electronics value chain. In support of this, IPC has preliminarily analyzed the ESG reports of approximately a dozen companies in selected portions of the industry.