February EMS shipments in North America rose 7.6% year-on-year, and book-to-bill reached 1.32.
This combination means that demand is outpacing current supplies and manufacturers continue to accumulate backlogs.
For SMT and EMS companies, this is one of the most direct indicators that the market in the region remains active and supports new capital and operating decisions.
Original source: Global Electronics Association
Source link: https://www.electronics.org/news-release/north-american-ems-industry-surges-february-shipments-jump-76-percent