IPC Report analyzes trend in regional sourcing survey.
Press Release Summary:
February 24, 2009 - "A Reverse Trend in Regional Sourcing in the Worldwide Electronic Interconnect Industry" shows that out of 50 respondents, 42% cited changes in customer sourcing patterns from Asia back to North America or Europe in past 2 years. Estimated 2.5% average growth of business in 2007/2008 was attributed to this trend, and issue that was cited most often as primary driver was quality concerns. Other concerns were transportation costs, exchange rates, and communication difficulties.
Original Press Release
IPC Survey Shows Reverse Trend in Regional Sourcing in the Worldwide Electronic Interconnect Industry
Press release date: February 13, 2009
IPC (www.IPC.org) is a global trade association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 2,700 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $1.7 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Garden Grove, Calif.; Stockholm, Sweden; and Shanghai and Shenzhen, China.