According to the latest numbers from AFDEC monthly billings rose 17.7 per cent compared to the previous month and by 9.1 per cent on January 2009.
Semiconductors were in the vanguard, leaping 26 per cent on December 2009, while passives pushed on by 11.4 per cent. Electromechanical components are still in reverse falling 3.4 per cent, component assemblies declined 6.4 per cent and other components fell off a 38.5 per cent cliff.
Adam Fletcher, chairman of AFDEC (Association of Franchised Distributors of Electronic Components) sounded one note of caution, indicating that lengthening lead times were leading to components shortages. "We are operating in very unusual market conditions in what continues to be a fragile overall economic environment exacerbated by uncertainty about eh forthcoming election in the UK."
"The sales by month three month moving average for all components is now trending up, suggesting that we'll see a small billings growth in February," he continued. "Despite the high levels of optimism in the UK electronic components supply network, I suspect that the global electronics market growth may not prove sustainable into Q2 2010 and as a result we are also likely to see a small correction in the UK. We need to proceed positively, but with caution."
The book to bill ratio in January remained stable at 1.08:1 with the strong bookings growth continuing in the semiconductor and passive components products sectors.
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