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ZVEI: Further decline in German PCB market in March

March sales for German PCB manufacturers is around 1/3 below the figures from 2008. Overall, 1Q/2009 lost around 37% against the same period last year, reports the German Association of PCB industry and the ZVEI Association Electronic Components and Systems.

June 24 2009, 2:41 PM

PCBOrder intake reached to about half of an average month. Compared to the previous March, March 2009 lost 45%, the first 3 months lost 54%.

This results in a book-to-Bill Ratio of 0.91. This indicator has been below 1 - for 5 consecutive months. The industry expects it will take some months before the situation improves.

Staff numbers have further declined; compared to February, figures declined by 1.8%; the 1Q saw 14% of jobs lost.

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