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Home > News > Company News > UK chip sales jump 30% in May,.....

UK chip sales jump 30% in May, says ECSN

  • Author:Ella Cai
  • Release on:2017-06-30
Sales of electronic components in the UK grew by an impressive 24% in May compared with the same month a year ago, according to figures released by the Electronic Components Supply Network (ECSN).

The star performer was semiconductor sales which were up 30% for the month. 

In comparison the global electronic components market is growing by approximately 6%. 

All industrial electronic components June 2015 to May 2017
Sales of electronic components June 2015 to May 2017
The consolidated results reported by ecsn’s authorised distributor (afdec) members also show an encouraging 18% increase in Bookings (new orders) compared to May 2016. 

ECSN chairman Adam Fletcher, writes:
“The UK electronic components market the continues to benefit from the uptick in the manufacturing sector and the May figures reported by our members reflect  the generally positive sentiment in the manufacturing sector of the UK economy.” 

Fletcher does expect the UK growth figures to inevitably lead to increasing manufacturing lead-times 

“Customers now need to sensibly review their order cover to reflect the reality of these extending manufacturing lead-times to avoid any potential delivery problems later in the year.” said Fletcher.