Component Orders Back on the Rise in January
The monthly order index compiled by the Electronic Components, Assemblies and Materials Association (ECA, Arlington, VA) moved upward in January, confirming industry optimism during the last four months.
"The index has been moving up steadily," said Bob Willis, ECA president. "It's not the meteoric boom of the late 1990s, but we might never see that again. This is nice, manageable growth that looks like it will be sustained throughout the year."
Willis says recent news substantiates the upward trend that has been seen in the ECA order index during the last four months. For instance, ECA members, such as Vishay Intertechnology, Littelfuse and KEMET, have reported substantial revenue increases in Q4 2003 compared to Q4 2002. Also, Reuters reports that major electronics manufacturing services (EMS) companies are seeing stronger demand in 2004, helped by an improving economy and a trend to outsource personal computers, servers, cell phones, handheld computers and other electronics gear.
The ECA represents manufacturers and producers of passive and active electronic components, component arrays and assemblies, and materials and support services. It is a sector of the Electronic Industries Alliance, comprising more than 2,100 members that reportedly represent 80% of the U.S. electronics industry.
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