Business conditions generally improved in late 2020:Third-quarter 2020 electronic equipment sales returned to near “break-even” compared to Q3 2019 (chart 21).November 2020 world electronic equipment shipments were up 11.4 percent versus November 2019, and up 7.3 percent sequentially compared to October 2020 (chart 2)Preliminary combined regional Q4 sales data show a marked upturn versus the third quarter (chart 3)Monthly world PCB shipments have likely reached their 2020 seasonal peak (chart 4)Sources: Regional and company financial data consolidated and analyzed by Custer Consulting
Markit Economics has released its December “flash” PMIs:December vs. November by country/region (chart 1)Historical Manufacturing PMIs by month:USA (chart 2)Eurozone (chart 3)Germany (chart 4)France (chart 5) Japan (chart 6)
Third-Quarter Global Electronic Supply Chain Growth(Charts 1-4)Here are our “final” results for third-quarter global growth by sector:Composite of 213 global OEMs had sales decrease 0.3 percent in Q3 2020 versus Q3 2019 (chart 1)Growth by sector is given in chart 2Monthly world electronic equipment sales peaked seasonally at a record high in November (chart 3)Printed circuit shipments are likely to be near their seasonal peak (chart 4)Source: Company financial reports analyzed by Custer Consulting Group
Lockheed Martin is making significant scheduling changes to hold on to employees while dealing with supplier delays impacting the F-35 program as a result of the COVID-19 pandemic.
ECIA reports CY19 global passive sales (capacitors, inductors, and resistors) declined 13.7% in dollars and down 27.7% in units. Average selling price improved 19.3%. Units sales were 5.4 trillion units totaling $27.7 billion.