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I-Connect007 continues to monitor the current worldwide economic situation by seeking input from our market leaders. Here’s what we discovered: If you’re feeling the pressure, you’re not alone.
In a recent survey, we asked about your primary concerns for the future of our industry. The number one concern (26%) indicated a belief that sales will be affected negatively in the coming months.
That was followed closely by primary concerns about supply chain in the electronics market (17%), the ability to retain quality employees in our worldwide industry (10%), and the spreading of COVID-19 (10%).
While survey respondents were less worried about cybersecurity (2%), new equipment (5%), China (3%) and smart factories (5%), about 20% of respondents shared other primary concerns, among them:
- “Not enough new design talent coming into the PCB industry”
- “Offshore competition”
- “Government driving up energy costs”
- “Product liability”
- “Keeping design under designers and not merging with engineers”
- “Miniaturization”
- “That there will be a future”
- “Earning enough margin to afford to hire top talent and keep current on the best CAD tools”
Check back for the latest on the COVID-19 outbreak and its effect on the electronics industry.
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06/24/2022 |
Nolan Johnson, I-Connect007
Market news was certainly big this week. While the U.S. stock market continues make some large swings, the PCB and PCBA are doing their own dance with the numbers. We’re still feeling the effects of the pandemic, but it seems to be more about playing catch up. Still, the industry is showing some instability, both in positive and negative ways.
06/15/2022 |
Pete Starkey, I-Connect007
The British Motor Museum in Warwickshire, housing the world's largest collection of historic British cars, was venue for the 2022 Annual Symposium of the Institute of Circuit Technology on June 8, which attracted a substantial gathering of manufacturers and suppliers from the UK printed circuit industry. ICT chair Emma Hudson reflected upon lessons learned during the pandemic lock-down and how the industry has successfully adapted to circumstances. She commented that the UK’s PCB fabricators are extremely busy, as she introduced an outstanding conference programme including a keynote from the incomparable Happy Holden.
06/03/2022 |
Andy Shaughnessy, Design007 Magazine
Things are heating up in the world of PCB design and manufacturing as well. In the past week, we published quite a bit of news—some good, some not so good. Some of the news is mixed, as we see with the EMS industry shipments rising YOY in April, but falling from the previous month. It’s nice to see NASA investing in American small businesses, but they didn’t really have a choice, did they?
