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Daily News

PCB Industry Result Show "Recovery in full swing"
Apr 27, 2010
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Rigid PCB shipments were up 19.6% in March 2010 compared to March 2009, while bookings increased 38.4%, according to the IPC -Association Connecting Electronics Industries monthly North American Printed Circuit Board (PCB) Statistical Program. Year to date, rigid PCB shipments were up 9.2% and bookings up 31.9%. Compared to the previous month, rigid PCB shipments increased 23.5% and rigid bookings increased 28.2%. The book-to-bill ratio for the North American rigid PCB industry in March 2010 grew to 1.10.

Flexible circuit shipments in March 2010 were down 1.3%, but bookings were up 18.9% compared to March 2009. Year to date, flexible circuit shipments were down 2.4% and bookings were up 7.1%. Compared to the previous month, flexible circuit shipments went up 27.3% and flex bookings rose by 98.8%. The North American flexible circuit book-to-bill ratio improved to 0.98.

For rigid PCBs and flexible circuits combined, industry shipments in March 2010 increased 17.7% from March 2009, as orders booked increased 36.8% from March 2009. Year to date, combined industry shipments were up 8.3% and bookings were up 29.9%. Compared to the previous month, combined industry shipments for March 2010 increased 23.8% and bookings went up 31.6%. The combined (rigid and flex) industry book-to-bill ratio in March 2010 increased to 1.09.

“In the March data, we can really see the recovery in full swing,” said IPC President and CEO Denny McGuirk. “Rigid PCB bookings grew in double digits and continued to grow faster than shipments, which has kept the book-to-bill ratio strongly positive for the past 10 consecutive months. Both rigid PCBs and flexible circuits are gaining strength.”

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