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OE-A: Significant Decline in Printed Electronics Sales Due to COVID-19

OE-A Business Climate Survey: Sales decline of 20% predicted for 2020.

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By: Anthony Locicero

Copy editor, New York Post

The organic and printed electronics industry is also severely affected by the COVID-19 pandemic, according to the latest business climate survey by the OE-A (Organic and Printed Electronics Association). 
 
While the figures at the beginning of the year were still very positive with a forecast sales increase of 8%, the survey participants now expect a sales loss of 20% this year. 
 
The main reasons include cancellations of orders and a significantly reduced order intake due to the pandemic. 
 
“This is the first negative sales forecast since the first OE-A Business Climate Survey in 2014,” said Dr. Klaus Hecker, OE-A managing director. “Although the order situation has recovered significantly after a strong decline in the 2nd and 3rd quarters, companies will not be able to fully compensate for the sales losses already suffered this year.”
 
The semi-annual OE-A Business Climate Survey sheds light on the anticipated growth of the organic and printed electronics industry. During each survey, OE-A members – from material suppliers to end-users – are asked to provide qualitative data on the state of the industry and their expected sales development.

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