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VOLUME -22 NUMBER 8
Publication Date: 08/1/2007
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August 2007 Issue
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Flex Circuits Continue Strong Showing
Bannockburn, IL — Rigid PCB shipments are down 14.8 percent and bookings are down 12.2 percent in May 2007 from May 2006. Year to date, rigid PCB shipments are down 10.9 percent and bookings are down 17.7 percent, according to the latest report from
IPC-Association Connecting Electronics Industries
. Compared to the previous month, rigid PCB shipments increased 6.7 percent and rigid bookings increased 2.1 percent. The book-to-bill ratio for the North American rigid PCB industry in May 2007 dipped slightly below parity at 0.98. This indicates that, during the next two to three months, sales of rigid PCBs are likely to continue at about the same level below the 2006 as the industry has been seeing so far this year.
Flexible circuit shipments in May 2007 were down 10.1 percent and bookings were up 2.9 percent compared to May 2006. Year to date, flexible circuit shipments are up 0.7 percent and bookings are up 23.8 percent. Compared to the previous month, flexible circuit shipments increased 15.7 percent and flex bookings were down 0.4 percent. The North American flexible circuit book-to-bill ratio continued its climb to 1.32 in May, indicating probable sales growth in the near term.
For rigid PCBs and flexible circuits combined, industry shipments in May 2007 decreased 14.5 percent from May 2006 and orders booked decreased 11.2 percent from May 2006. Year to date, combined industry shipments are down 10.3 percent and bookings are down 15.6 percent. Compared to the previous month, combined industry shipments for May 2007 are up 7.2 percent and bookings are up 1.9 percent. The combined (rigid and flex) industry book-to-bill ratio in May 2007 remained just above parity at 1.01.
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