North American PCB Business Growth Continued in April
IPC – Association Connecting Electronics Industries announced today the April 2016 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Sales and orders in April both exceeded last year’s levels and the book-to-bill ratio stands at 1.02.
Total North American PCB shipments in April 2016 were 5.6 percent above the same month last year, causing year-to-date growth to remain at 5.5 percent for the first four months of the year. Compared to the preceding month, April shipments were down 16.8 percent.
PCB bookings in April increased 6.4 percent year-on-year, boosting year-to-date bookings growth for the first quarter to 5.0 percent. Orders in April 2016 were down 19.3 percent from the previous month.
“April was another good month for the North American PCB industry, with solid year-on-year growth in both sales and orders,” said Sharon Starr, IPC’s director of market research. “Bookings exceeded shipments for the sixth consecutive month, but only by a small margin in April. This brought the book-to-bill ratio down although it remains positive” she added. “Growth rates and book-to-bill ratios for the first quarter changed slightly from previously published reports, due to a re-tabulation necessitated by a change in the survey sample this month. The revised ratios are 1.05 in January, 1.04 in February and 1.05 in March. April’s 1.02 book-to-bill continues a positive trend indicating continued sales growth in the second and third quarters.”
JoAnn Stromberg Student Leader Scholarship
The SMTA is accepting applications for the 2016 JoAnn Stromberg Scholarship. This $3000 grant, given in honor of the nearly 30 years of service dedicated by former Executive Administrator, JoAnn Stromberg, was established following her retirement in 2015 to encourage undergraduate students to take on more leadership opportunities and strengthen the connection between students and the electronics industry.
The Stromberg Scholarship, is awarded annually to an undergraduate student pursuing a degree in electronics and actively involved in the SMTA. The grant is intended for the purchase of technical books and research materials, for participation in conferences related to electronics assembly and packaging, and for living expenses if necessary. Deadline is July 15, 2016.
IPC Opens Office in Brussels, Belgium
IPC – Association Connecting Electronics Industries announced the official opening of a new office in Brussels, Belgium. The office will deliver the full suite of IPC products and services, including member support, standards development activities, educational opportunities, and more.
Over the next several months, Director of Operations, Aleš Šinkovec and his staff will be reaching out to member companies in Europe to share new initiatives and opportunities to participate in Europe-focused activities and events.
“Having an office and an enthusiastic staff in Brussels, led by Aleš, is a very important step in our ongoing mission to deliver value and provide support to our nearly 550 member companies in Europe,” said Sanjay Huprikar, IPC vice president of member success. “We are excited about new initiatives in standards development, the launch of a European electronics council and public affairs efforts that we will be announcing and sharing.”