Passives

Although manufacturing growth appeared to have peaked a few months ago it has now accelerated again (Chart 1) as the USA, China and the Eurozone are now seeing increased expansion rates.The global PMI reached a 43 month high in August (Chart 2).U.S. manuf... Read More

IHS Markit just released its “flash” leading indicators for select countries/regions (Chart 1). The Eurozone, Germany, France and Japan saw an accelerated manufacturing growth. The USA slowed a bit but still remained solidly in expansion terri... Read More

Chart 1 gives our updated estimate of 2Q’17 vs. 2Q’16 growth by sector of the world electronic supply chain. Most but not all companies have now reported their second quarter financial results. We still await HP Inc., HP Enterprise, Dell Techn... Read More

German component distributors have reported a positive second quarter of 2017. From April to June sales by companies registered with the Fachverband Bauelemente Distribution (FBDi) in Germany grew by 12.2% to €904m – almost equalling the record... Read More

Manufacturing activity accelerated slightly in July in China (Chart 1) and Taiwan (Chart 2) based upon their PMI reports.Electronic equipment shipments by Taiwan-listed companies (many of which produce in China) were up 11.1% in July 2017 compared to July... Read More

July PMI Leading Indicators; 2Q’17 Global Electronic Supply Chain Growth; U.S. June Electronic Supply Chain Shipments, Orders & Inventories; World Semiconductor Sales increased 23.7% y/y in 2Q’17; Significant Mid-Year Revision to 2017 IC M... Read More

Players in the electronic components industry agree that sales have increased steadily in the first half of 2017. Strong demand across all sectors, particularly industrial automation and automotive, has led to increased lead times across several component... Read More

JEITA just released May domestic electronics production.Despite a seasonal downturn Japanese electronic equipment production was up 4.4% in May 2017 vs. May 2016. On a 3/12 basis comparing March to May 2017 versus the same three months in 2016 electronic ... Read More

Based on the recent Eurostat report, production was strong for most of the EU28 electronic supply chain through May. Chart 1 gives annualized and 3-month growth rates for the various electronics related products. The 3-month growth compares March–Ma... Read More

JEITA: April 2017 Import of Electronics into Japan.... Read More

JEITA: April 2017 Production by the Japan Electronics Industry.... Read More

JEITA: May 2017 Exports of Japan Electronics. ... Read More

Global Semiconductor Sales Increased 22.6% Y/Y to $31.9 Billion in May (Charts 1-4)Worldwide sales of semiconductors reached $31.9 billion for the month of May 2017, an increase of 22.6% compared to the May 2016 total of $26.0 billion and 1.9% more than t... Read More

The worldwide electronics industry has been back on a growth path for the last 12 months. Connector and semiconductor sales are a good telltale of the electronic industry’s health. After a contraction in 2015, connector sales have been on a growth p... Read More

According to findings from the Electronic Components Industry Association, capacitor manufacturers continued to see improved bookings and sales in the first quarter of 2017 in North America. Sales for the first quarter totalled 34.8 billion units, worth $... Read More

The U.S. Durable Goods report for May was just released. It shows little growth for domestic electronic equipment orders and shipments:Electronic equipment 3-month average book/bill ratio dropped below 1.0 (Chart 1).The 3/12 growth rate of electronic equi... Read More

June “Flash” PMI Leading Indicators; Japan Update; Smartphone Makers may see Component Shortages in 2H’17 resulting from Design-In of Larger Memory Capacity, High-DensityA figure of merit usually expressed in Joules per cubic inch for ca... Read More