Marcy LaRont Named Executive Director of I-Connect007 Group

Marcy LaRont, a printed circuit board (PCB) industry veteran who has been working as the managing editor for PCB007 magazine this past year, has been named executive director of the I-Connect007 group of publications, which was purchased by IPC in 2022. She succeeds Barry Matties, publisher and original founder of the I-Connect007 publications, who will continue on in an advisor capacity.

As executive director, LaRont will oversee the operations of all I-Connect007 publications and events. 

LaRont began her career in PCB fabrication in the 1990s shortly upon graduating from college, learning the business organically from working in small and mid-sized manufacturing companies and plants. She previously worked for the I-Connect007 team as part of the sales group from 2007-2011. 

LaRont describes coming back to the team and the industry as coming home. “I am thrilled to have the opportunity to lead this group and am excited about the future. As is true with the electronics manufacturing industry, media has also undergone continuous change over the past several years. Barry’s insight and vision have always allowed I-Connect007 to adapt and thrive with those changes. I look forward to continuing in that tradition as we examine all that our media and marketing outlets must be for our industry and our customers.”

Adds Brian Knier, IPC vice president of marketing and member success, “This is truly the end of an era. With the I-Connect007 group of publications, and CircuitTree magazine before that, Barry Matties succeeded in creating the go-to, best media source for news and information related to the electronics manufacturing supply chain worldwide. But with the end of every era, comes a new one. Marcy’s expertise in electronics manufacturing, communication, marketing and management enable her to be a strong voice for global electronics manufacturing. IPC is thrilled to welcome her to the role of executive director.”

LaRont can be reached at MarcyLaRont@ipc.org or Marcy@iconnect007.com.

IPC Expands Presence in Malaysia, Hires New Country Manager

IPC is pleased to announce the appointment of Ranee Ramya, Ph.D., as country manager for Malaysia. This strategic step reflects IPC’s commitment to fostering growth and innovation in one of Asia's most dynamic electronics and semiconductor hubs.

Dr. Ranee Ramya, country manager, Malaysia

 

Dr. Ramya is based out of Penang and brings a wealth of experience in the electronics industry, with expertise in leadership, strategic planning, and fostering industry collaborations. She has been instrumental in driving workforce development initiatives and cultivating industry-academia partnerships. Dr. Ramya reports to Gaurab Majumdar, IPC India executive director.

IPC President and CEO John W. Mitchell, Ed.D., has been instrumental in highlighting the significance of IPC’s mission in the Malaysian market. “Malaysia’s electronics industry serves as a cornerstone of the global supply chain, and IPC’s initiatives are vital in driving manufacturing excellence,” said Dr. Mitchell. “The country’s vibrant electronics ecosystem and innovative spirit have rightfully earned it the reputation of being the 'Silicon Valley of Asia,' bolstering its competitiveness in advanced technologies.”          

Malaysia stands as a prominent global player in producing electronic and semiconductor products. Domestic and international companies are accelerating the electronics and semiconductor industries.

IPC has three licensed partners in Malaysia providing training and certification to the existing electronics industry. Malaysian IPC certification growth is the highest in Southeast Asia. IPC has signed Memorandums of Understating (MoUs) with skill development organizations for growth of a skilled workforce in electronics manufacturing. Upskilling and reskilling the existing technical workforce with international level skills and competencies through industry-endorsed global standards will be the key deliverables of the initiative. 

IPC organized the third edition of “Integrated Electronics Manufacturing & Interconnections” (IEMI) in Penang, Malaysia on July 24-25, 2024. Five hundred plus (500+) business delegates from Malaysia and Singapore, Japan, South Korea, Vietnam, Philippines, India, Egypt, Spain and South Africa participated at the global event.

In Malaysia, IPC will be focusing on workforce development programs with support from Malaysian government and industries; setting up an advanced packaging committee for standards development and organization of technical sessions and conferences.

Dr. Ramya can be reached at RaneeRamya@ipc.org. For more information on IPC’s services in Malaysia, visit www.ipc.org/india.

IPC Washington, DC EMS Leadership Roundtable: Public Policy and Your Business

Date
- (1:00 - 7:00pm CST)

Date: February 19-20, 2025

February 19 | 2:00 pm – 8:00 pm

February 20 | optional policymaker visits
 

Location: IPC Washington, DC

1331 Pennsylvania Ave, NW

Washington, DC 20004

202-661-8096

 

Join fellow EMS leaders in the Nation’s Capital to discuss the most important public policy issues affecting the industry, pain points and solutions. This meeting will include presentations and discussions on the most pressing policy decisions of the federal government facing the EMS industry including: the economic and market outlook for 2025, international trade and tariffs, export controls, tax reform, sustainability, and workforce development.

Each topic will include short presentations from subject matter experts followed by a roundtable discussion led by participants to share concerns, raise issues, and provide feedback and direction to IPC advocacy on how they can best represent your interest.

IPC will also schedule optional meetings with policy makers on Thursday, February 20th, for those interested in building relationships and making their voice heard with Members of Congress and the Trump Administration. IPC will provide briefing materials and support for all meetings.

Complimentary Registration Includes

  • Expert-led updates on key public policy topics (international trade, tariffs, export controls, tax reform, economic outlook & workforce)
  • Peer-led roundtable discussions
  • Reception and dinner on February 19
  • Peer networking, partnership building
  • Optional meetings with policymakers on February 20

Hotels within walking distance

Have questions? Email Mark Wolfe at MarkWolfe@ipc.org.

IPC Washington, DC

1331 Pennsylvania Ave, NW
Washington, DC 20004
United States

IPC Washington, DC

IPC Washington, DC
1331 Pennsylvania Ave, NW
Washington, DC 20004
United States

Electronics Industry Sentiment Dips in December

IPC releases December 2024 Global Sentiment of the Electronics Manufacturing Supply Chain report

The electronics industry faced a dip in sentiment this December, as the Demand Index declined 1.8 percent according to IPC’s December Sentiment of the Global Electronics Manufacturing Supply Chain Report. It remained below 100 for the fourth consecutive month, signaling continued contraction. 

 

Cost pressures continue to challenge operations. The Labor Costs Index climbed two percentage points from its all-time low, while the Material Costs Index dropped four percentage points. The majority of firms continue to report ongoing increases in both labor and material costs, straining operations. 

 

In response to special questions regarding the electronics industry’s concern with proposed tariffs, trade concerns loom large for 2025. A majority (68 percent) of electronics manufacturers and suppliers express at least a moderate concern about the impact of potential tariffs on the electronics industry. A significant portion (38 percent) plan to pass the full cost increase of any tariffs on to their customers. Another 19 percent intend to share the burden, passing along past of the expense while absorbing some internally. Only a small majority (4 percent) expect to absorb the entire cost without raising prices. “These strategies suggest that most firms view transferring at least a portion of tariff-related costs to end-users as unavoidable,” said Shawn DuBravac, Ph.D., IPC chief economist and report author.

 

Additional survey data show:

  • North American electronics manufacturers, along with those operating globally, are experiencing rising backlogs more so than European manufacturers.
  • Material costs are declining more among electronics manufacturers in Europe and APAC vs. firms in North America. 
  • Over the next six months, electronics manufacturers expect labor and material costs to remain high, with ease of recruitment likely to remain challenging. 

These results are based upon the findings of IPC’s Current State of Electronics Manufacturing Survey, fielded between November 15 and November 30, 2024.

Read the full report.

North American EMS Industry Up 10.6 Percent in November

IPC releases EMS industry results for November 2024

IPC announced today the November 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.18.

Total North American EMS shipments in November 2024 were up 10.6 percent compared to the same month last year. Compared to the preceding month, November shipments were up 4.0 percent.

EMS bookings in November increased 8.1 percent year-over-year and decreased 2.7 percent from the previous month.

“EMS order volumes have slowed in recent months, but the year-to-date trend remains steady. This slowdown could signal a short-term pause as businesses wait for better clarity following the inauguration,” said Shawn DuBravac, IPC’s chief economist. 

November 2024 EMS book to bill ratio chart

Detailed Data Available

Companies that participate in IPC’s North American EMS Statistical Program have access to detailed findings on EMS sales growth by type of production and company size tier, order growth and backlogs by company size tier, vertical market growth, the EMS book-to-bill ratio, 3-month and 12-month sales outlooks, and other timely data.

Interpreting the Data

 

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. 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 three to twelve months. A ratio of less than 1.00 indicates the reverse.

 

Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.

 

IPC's monthly EMS industry statistics are based on data provided by a representative sample of assembly equipment manufacturers selling in the USA and Canada. IPC publishes the EMS book-to-bill ratio by the end of each month. 

 

North American PCB Industry Sales Up 4.7 Percent in November

IPC releases PCB industry results for November 2024

IPC announced today the November 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.15.

Total North American PCB shipments in November 2024 were up 4.7 percent compared to the same month last year. Compared to the preceding month, November shipments were down 1.4 percent.

PCB bookings in November were up 29.1 percent compared to the same month last year. November bookings were down 13.7 percent compared to the preceding month.

“A jump in November orders pushed the PCB book-to-bill to the highest level in over two years. All eyes are now on whether this momentum carries forward into the new year,” said Shawn DuBravac, IPC’s chief economist. 

November 2024 PCB book to bill ratio chart 1
November 2024 PCB book to bill ratio chart 2

Detailed Data Available

Companies that participate in IPC’s North American PCB Statistical Program have access to detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, growth trends by product types and company size tiers, demand for prototypes, sales growth to military and medical markets, and other timely data.

Interpreting the Data

 

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. 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 three to twelve months. A ratio of less than 1.00 indicates the reverse.

 

Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.

 

IPC's monthly PCB industry statistics are based on data provided by a representative sample of both rigid PCB and flexible circuit manufacturers selling in the USA and Canda. IPC publishes the PCB book-to-bill ratio by the end of each month.