North American PCB Industry Sales Up 9.1 Percent in May, Reports IPC
IPC releases PCB industry results for May 2021
IPC announced the May 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.11.
Total North American PCB shipments in May 2021 were up 9.1 percent compared to the same month last year. Compared to the preceding month, May shipments fell 0.2 percent.
PCB bookings in May rose 24.1 percent year-over-year. Bookings in May increased 12.8 percent from the previous month.
“The PCB industry enjoyed higher orders in May, while shipments were flat with the prior month. PCB shipments, like much of the electronics industry, are being impacted by higher raw material costs and longer lead times for some of these key materials,” said Shawn DuBravac, IPC’s chief economist. “The industry will continue to face these constraints in the coming months until markets regain equilibrium.”