Electronics Production Turns Up
Electronics production growth has turned up for every region, says Bill Jewell’s Semiconductor Intelligence.
China continues to show strong growth in electronics of 10% or higher.
Taiwan electronics was in a significant decline throughout 2012 and 2013 but returned to growth of 5% in April 2014.
Japan electronics experienced a major decline following the March 2011 earthquake and tsunami. Japan’s electronics growth has been positive since November 2013, ranging from 4% to 8%.
U.S. electronics went from positive growth in 2012 to declines of 1% to 7% in each month of 2013. The U.S. turned positive in January 2014, showing growth in the range of 2% to 4% through April.
Europe’s industrial production followed the same general trend as U.S. electronics, turning positive in October 2013 and growing about 3% in each month of 2013.
South Korea’s industrial production oscillated between positive and negative in 2013, but has been positive since December 2013.