Germany’s PCB market increased 31 per cent y/y in July 2010 due to automotive and renewable energy industries; book-to-bill ratio was 1.96

Citation

(2011), "Germany’s PCB market increased 31 per cent y/y in July 2010 due to automotive and renewable energy industries; book-to-bill ratio was 1.96", Circuit World, Vol. 37 No. 1. https://doi.org/10.1108/cw.2011.21737aab.001

Germany’s PCB market increased 31 per cent y/y in July 2010 due to automotive and renewable energy industries; book-to-bill ratio was 1.96

Article Type: Industry news From: Circuit World, Volume 37, Issue 1

July sales figures for German printed circuit board (PCB) manufacturers were on the same level as those of June 2010, writes German industry association ZVEI PCB and electronic systems.

Compared with the previous year, the increase was 31 per cent; cumulatively over the first seven months, the increase was 33 per cent. This suggests that 2010 could be back to pre-crisis figures. Order intake rose, again, dramatically. A peak was reached in May 2010. This was passed by a further 40 per cent in July 2010. Order intake was 63 per cent higher than in June and 93 per cent higher than in July 2009.

Reason for this rapid and unusually high-order intake, in addition to the general economic recovery and the recovery of the automotive industry, was the business segment renewable energies. The resulting book-to-bill ratio was 1.96. This again was an all-time high (after the May figure of 1.66).

Staff numbers increased by just over 1 per cent from June 2010; compared to July 2009, the increase was almost 2009. Most companies had tried to hold their employees during the crisis months. This means that the current increase is not as prominent as in other countries.