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Global Electronics Association Debuts; New Name Elevates IPC’s 70-Year Legacy as Voice of $6 Trillion Electronics Industry
- The Global Electronics Association, formerly IPC, has rebranded to reflect its role as the voice of the electronics industry.
- The association aims to enhance supply chain resilience, promote growth, and foster partnerships globally.
- The new vision is centered around 'Better electronics for a better world'.
- The Association plans to increase resources for advocacy, industry insights, and stakeholder communications.
- It will continue to focus on standards and certification programs under the IPC brand.
- A trade flows study revealed that global electronics trade totaled $4.5 trillion in 2023.
- Electronics supply chains are highly integrated globally, with components trade exceeding finished products trade.
- Top electronics exporters like China, Vietnam, and India heavily rely on global trade for electronic inputs.
- Resilience, rather than self-sufficiency, is highlighted as crucial in the electronics industry for competitiveness.
- The Global Electronics Association supports the entire electronics value chain from design to final product.
- The Association aims to facilitate collaboration and partnership for a thriving global electronics supply chain.
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