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SMT & Inspection | April 09, 2008

Global electronic equipment growth has slowed down

A report from the Custer Consulting says that electronic equipment growth has slowed down, due to normal seasonal changes and a weaker economy.

In Asia, mostly Taiwan and China, the shipment growth between October and February has declined from 35% to 20%. However, this figure should rise again in March. The value of European shipments is growing, but this can be attributed to a weak Dollar rather than a growth in actual shipments. When measured in €, European end market growth is much more modest. Japan remains soft as the strong yen is hurting exports. Despite weak local demand, U.S. exports are up — benefiting from the weak dollar. Domestic electronic equipment shipments were still growing in early 2008, Global SMT reports.
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