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October Component Orders Continue Upward Movement
November 13, 2003 |Estimated reading time: Less than a minute
Arlington, Va. — Electronic component orders continued their upward movement in October, according to the monthly index issued by the Electronic Components, Assemblies & Materials Association (ECA).
October marks the third consecutive month of gains following 20 months of little or no movement.Manufacturers at ECA's recent executive committee meeting in Chicago reported modest business increases over the last two to three months. Increases in Asia are being driven by PC and wireless markets, while specialty items account for growth in North America. Despite the growth potential in Asia, particularly China, manufacturers continue to question whether capacity estimates in the area are accurate and what effect this will have on pricing. The Electronic Components, Assemblies & Materials Association (ECA) represents manufacturers and producers of passive and active electronic components, component arrays and assemblies, and materials and support services. For more information, visit www.ec-central.org.