in4ma: The state of the European EMS industry 2024

During Evertiq Expo in Gothenburg, Sweden, Dieter Weiss from in4ma took to take the stage to provide listeners with an update on the situation for Europe's EMS providers.

Nobody is talking about the chip crisis anymore. Are we back to normal?

According to Dieter Weiss, the answer is simple: "No, we definitely are not."The EMS industry is still suffering from the late effects of this crisis.

He argues that this crisis was artificial, created by panic buying by some parts of the industry, which in turn created an illusion of increased demand – which simply did not exist.

Even today the EMS industry feels the pain of this with insufficient orders, excessive inventory and poor outlook. However, sometimes one must look back at unpleasant memories to get a clearer picture of what can be done to prevent this from happening again in the future.

Dieter Weiss provided listeners with updated data on the European EMS industry, with a specific focus on the Nordic region, during Evertiq Expo Gothenburg on September 19, 2024.
Read more about it here: https://evertiq.com/news/56445

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