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PCB Shipments Surge 24% in August, Says IPC

The IPC—the Association Connecting Electronics Industries–announced its August findings from its monthly North American Printed Circuit Board (PCB) Statistical Program.

Rigid PCB shipments were up 24.3 percent while bookings increased 22.1 percent in August 2010 from August 2009. Year to date, rigid PCB shipments were up 20.4 percent and bookings have grown 33.2 percent. Compared to the previous month, rigid PCB shipments increased 5.4 percent and rigid bookings increased 1.5 percent. The book-to-bill ratio for the North American rigid PCB industry in August 2010 remained positive, but fell off slightly to 1.08.

Flexible circuit shipments in August 2010 were up 35.7 percent, and bookings were up 61.8 percent compared to August 2009. Year to date, flexible circuit shipments increased 9.2 percent and bookings were up 22.6 percent. Compared to the previous month, flexible circuit shipments decreased 7.6 percent, but flex bookings increased 12.9 percent. The North American flexible circuit book-to-bill ratio in August 2010 remained positive, but fell to 1.01.

For rigid PCBs and flexible circuits combined, industry shipments in August 2010 increased 25.2 percent from August 2009, as orders booked increased 25.0 percent from August 2009. Year to date, combined industry shipments were up 19.5 percent and bookings were up 32.3 percent. Compared to the previous month, combined industry shipments for August 2010 increased 4.1 percent and bookings increased 2.5 percent. The combined (rigid and flex) industry book-to-bill ratio in August 2010 slipped to 1.07.

“Year-on-year sales growth continued in the double digits in August,” said IPC President & CEO Denny McGuirk. “The the book-to-bill ratio is positive for the 16th consecutive month, which indicates solid sales growth for the rest of 2010,” he added. “Book-to-bill ratios have been trending downward since reaching a peak last May, especially in the flexible circuit segment, mainly due to strong sales growth.”

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