Year to date, rigid printed circuit board shipments were up 3.6 % with bookings up 27.9%, IPC’s report shows. Compared to the previous month, rigid printed circuit board shipments increased 4.7% with rigid bookings growing 8.1%. The book-to-bill ratio for the North American rigid PCB industry in February 2010 grew to 1.09.1

Flexible circuit shipments in February 2010 were down 2.1%, but bookings were down 37.4% compared to February 2009. Year to date, flexible circuit shipments were down 3.1%, and bookings were down 0.4%. Compared to the previous month, flexible circuit shipments went up 4.9%, with flex bookings off by 36.4%. Additionally, the North American flexible circuit book-to-bill ratio fell below parity to 0.92.

For rigid printed circuit board and flexible circuits combined, industry shipments in February 2010 increased 8.5% from February 2009, as orders booked increased 29.1% from February 2009. Year to date, combined industry shipments were up 3%, and bookings were up 25.6%. Compared to the previous month, combined industry shipments for February 2010 increased 4.8 %, and bookings went up 4.5%. The combined rigid and flex industry book-to-bill ratio in February 2010 increased to 1.07.

“Rigid printed circuit board bookings have outpaced shipments for the past 11 months; that’s reflected in the high rigid printed circuit board book-to-bill ratio and it’s an encouraging indicator of future growth,” said Denny McGuirk, IPC president & CEO. “We saw a big drop in flexible circuit orders in February, but no sign of a trend yet, due to the volatility of flex orders and sales.”

The full February IPC Report is available online.

  1. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next two to three months. The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample.