IPC: North American EMS up by 7.1% and PCB sales by 6.7% in May

Date: 27/06/2023
IPC shared its May 2023 findings from its North American Electronics Manufacturing Services (EMS) and PCB industry sales data.

IPC said North American Electronics Manufacturing Services (EMS) book-to-bill ratio stands at 1.24. Total North American EMS shipments in May 2023 were up 7.1 percent compared to the same month last year. Compared to the preceding month, May shipments decreased 5.2 percent.

EMS bookings in May increased 0.8 percent year-over-year and increased 4.4 percent from the previous month.

“This month we saw a small reversal in the trend we have been seeing this year,” said Shawn DuBravac, IPC’s chief economist. “New orders rose on a year-over-year basis for the first time since October 2022. Shipments fell slightly compared to last month but continue to show a positive trend.”

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IPC also announced the May 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.89.

Total North American PCB shipments in May 2023 were up 6.7 percent compared to the same month last year. Compared to the preceding month, May shipments were down 1.9 percent.

PCB bookings in May were up 4.1 percent compared to the same month last year. May bookings were up 6.7 percent compared to the preceding month.

“The North American PCB market looks pretty balanced this month. Shipments remain strong and we saw the first year-over-year rise in bookings we've seen since November 2022,” said Shawn DuBravac, IPC’s chief economist.

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News Source: IPC