Canada
INDUSTRY REMAINS UNDER PRESSURE FROM RISING COSTS
Report from Global Electronics Association reveals persistent cost pressures offset by solid demand conditionsThe global electronics manufacturing supply chain remains under pressure from rising costs, with 61% of firms reporting higher material costs and 54% noting increased labor expenses according to the Global Electronics Association’s Sentiment of the Global Electronics Manufacturing Supply Chain Report. While the Material Cost Index dipped slightly from June and profit margins showed a modest gain (+6 points), only 15% of manufacturers reported actual profit improvement, highlighting the fragility of recovery.Market dissonance: Strong demand despite volatility, hiring challengesOperational metrics such as orders, shipments, backlogs, and capacity utilization continue to signal expansion, maintaining momentum from the rebound that began in late 2024. Over the next six months, electronics manufacturers expect material and labor costs to remain high, while ease of recruitment is expected to remain challenging. (ICE TORONTO)
Fonte notizia: https://www.ept.ca/
