The latest electronic components hqew.net (the world leading B2B Marketplace of Ic components) figures released by the International Distribution of Electronics Association (IDEA) indicate that China distributors saw a decline in both bookings (net sales orders entered) and billings (sales revenue less credits) in the last quarter of 2010 compared to the previous three months. However, there was an encouraging and significant improvement over Q4 2009.
Historically, Q1 has been a reasonably strong quarter for China component distributors but, according to IDEA, the current uncertainty in the macro-economic environment is making customers nervous and impacting confidence throughout the supply network. Global demand for electronic components however remains strong but inventory across the supply network remains 10 to 15% below previous industry norms.
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