Germany's printed circuit board (PCB) market posted its lowest November sales ever last year, falling 20.7 percent compared to October 2008, and was down 26.8 percent compared to November 2007, according to ZVEI. For the first 11 months of 2008, overall sales was 3.7 percent lower than the same period in the previous year.

Incoming orders were likewise down. Compared to the previous month, orders fell by almost half in November 2008, and were also down 40 percent compared to the same period in the previous year. Industry observers attribute the fact from cancellation of orders during the month. Book-to-bill ratio, meanwhile, was 0.82-the lowest November book-to-bill value since 1994.

The decline in the PCB industry in Germany led to a corresponding reduction in workforce. Overall number of employees was 3.6 percent lower in November compared to the same period in the previous year. The industry is still expected to see further job cuts in the next several months, driven by the continuing global economic crisis.

About ZVEI

ZVEI, the German Electrical and Electronic Manufacturers' Association, represents the economic, technological and environmental policy interests of the German electrical and electronics industry at the national, European and international levels. The organization provides specific information about the economic, technical and regulatory framework conditions of the electrical industry in Germany. 

ZVEI promotes the development and use of innovative technologies by proposals concerning research, technological, environmental protection, educational and scientific policy. The organization also supports market-orientated European and international standards-making activities.

ZVEI's close contacts with political quarters and public administrations and the association's internal exchange of experience and views provide extensive information about the market and competition-related developments, which is tailored to the electrical and electronic industry's specific needs. Member companies use this lead in knowledge and experience to improve their international competitiveness.

For more information, visit www.zvei.org.