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news PCB007 Market News Highlights November Manufacturing PMI Registers 57.3% The PMI™ registered 57.3%, an increase of 0.9% from October's reading of 56.4%. The PMI™ has increased progressively each month since June, with November's reading reflecting the highest PMI™ in 2013. The New Orders Index increased in November by 3%, to 63.6%, and the Production Index increased by 2%, to 62.8%. Survey Reveals Technology Investment Predictions "CFOs continue to seek out technology which allows them to improve business performance and increase employee productivity," said Jay Cary, VP, Digital, Global Corporate Payments at American Express. "Mobile in particular is leading the way, both because of CFOs' familiarity with the technology and for the real-time benefits it offers employees." Internet/cloud portables) to grow an average of 10.6%, from 2012 to 2017, reaching 770 million systems at the end of the forecast period. Global Chip on Board LED Market to See CAGR of 40.71 One of the key factors contributing to this market growth is the declining ASP of LEDs. The Global Chip on Board LED market has also been witnessing the increasing demand of COB LED in general lighting applications. However, the fluctuating global economic conditions could pose a challenge to the growth of this market. Functional Printing Market to Reach $13.79B by 2020 The demand for a new variety of low-cost electronic products, made possible by a range of printing techniques and materials, has pushed the demand for "functional printing" across geographies. Reliability Hinders Printed Electronics Market Growth The major barrier inhibiting the growth of the market is the reliability of the end products (printed electronics), and it is expected that this issue will be overcome by the advancement in the functional printing technology. Conductive Ink Markets to Reach $3.36B in 2018 Conductive inks are a simple and unglamorous layer, but they will constitute a hefty $2.86 billion market in 2012. This market is forecasted to rise to $3.36 billion in 2018, with $735 million captured by new silver and copper nanostructure inks. Medical Automation Market to Hit $66 Million by 2018 Automated monitoring devices help in reducing rising healthcare costs, the major factor driving the growth of this market. Furthermore, growth in the use of point-of-care testing devices such as glucose meters, digital blood pressure monitors, pregnancy test kits, and HIV test kits is another factor that is propelling the market. Consumer Confidence Continues to Drop in November The Conference Board Consumer Confidence Index, which had decreased sharply in October, declined again in November. The Index now stands at 70.4 (1985=100), down from 72.4 in October. Total Personal Computing Systems to See 11% Growth IC Insights forecasts total personal computing unit shipments (desktop PCs, notebooks, tablets, and 62 The PCB Magazine • January 2014 Semiconductor Sales Recover in 2013; Up 4.9% YoY Following a 2.5% decline in 2012, the global semiconductor market has regained its footing in 2013 with revenue set to expand by nearly 5% because of the strong performance of the memory sector.

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