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The likelihood of a recession later this year or next is looking increasingly certain, but it may not be the massive disruption it’s made out to be. While financial analysts are predicting that “the party’s over” for PCB manufacturing, now may actually be the best time to invest.
In the July issue of PCB007 Magazine, we take a look at the squeeze on supply chain dynamics, and how that’s affected production across the globe. Domestic manufacturing just may be poised for a comeback, thanks to post-pandemic effects worldwide and the growing attention from D.C. legislators on the need to onshore production for the greater good of national security.
What will that look like? While it’s not realistic to expect a 100% return to PCB manufacturing in the United States, there is an opportunity here for growth. You’ll likely see—or participate in—consolidation efforts that will strengthen our core. We’re also hopeful to see legislation that will give the U.S. a fighting chance against foreign competition, where some companies are subsidized and seems to have endless resources.
What’s your take on the current situation? Read and share!
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Nolan Johnson, I-Connect007
Stefan Stefanescu is head of business development for Atotech’s industrial digital transformation solutions. Here, he discusses how the Digital Factory Suite (DFS) fits into a PCB fabricator’s workflow. The new software connects to the onsite production equipment and continuously collects process and equipment data. But it’s more than that, Stefan says. It’s a way to help customers increase productivity and take steps toward developing a smart factory.
Nolan Johnson, I-Connect007
The big news in the industry this week was the new bill introduced to the U.S. Congress in support of the PCB manufacturing industry. The Supporting American Printed Circuit Boards Act of 2022, which was introduced by Reps. Anna Eshoo (D-CA) and Blake Moore (R-UT), incentivizes “purchases of domestically produced PCBs as well as industry investments in factories, equipment, workforce training, and research and development.” The bill is a PCB-oriented complement to the semiconductor-oriented CHIPS Act of 2021.
Dan Beaulieu, D.B. Management Group
While there are many Chinese companies now selling in the United States, I wanted to find one in Taiwan that is penetrating the U.S. market. I was delighted to come across EISO Enterprise Co. Ltd., a printed circuit board fabricator located in Taiwan. I know that the American companies are usually looking for PCB global partners in countries other than China, which made my conversation with Gary (Jung Kun) Chien all the more interesting, especially when he shared his thoughts on the U.S-China trade wars.