How to react to exploding market prices
March 22, 2023
Over the past few years, the industry has faced one challenge after another. Today’s challenge, rising costs – across the board. How does one mitigate price increases in an ever-evolving industry?
ABB to expand Robotics factory in US
March 17, 2023
With an investment of USD 20 million, ABB aims to increase production at its existing Auburn Hills, Michigan facility.
Global smartphone production fell by 15.5% YoY in 4Q22
March 10, 2023
Smartphone brands hoped that the promotional activities related to the year-end holiday season or initiated by e-commerce companies would lead to a significant reduction in channel inventory near the end of 2022.
Fusion Worldwide expands in EMEA and APAC regions
March 02, 2023
The open-market distributor has major expansion plans for 2023. The company is looking to expand its offices in Germany, Japan, and also open new offices in Taiwan and New Hampshire.
Swedish company wants to make PCB production greener
February 17, 2023
PCB’s are commonly green in colour, but the manufacturing process could become greener, and Swedish company Sigma MECER is looking to do just that.
The semiconductor industry has grown, and so has Smith
February 15, 2023
The distributor increased its workforce by 60% and doubled its annual revenue in EMEA in 2022.
Who spends the most on semiconductors?
February 07, 2023
Unsurprisingly, we find several major OEM manufacturers of PCs and smartphones among the biggest semiconductor buyers.
Is there still a chip shortage?
February 03, 2023
Depending on who you ask, and the focus of that company, you will get different answers. But in general, the short answer is; No.
COVID still creates worries at China’s PCB factories
January 31, 2023
China’s new COVID regulation at the beginning of December 2022 and the subsequent spread of the infection has been a hot topic in the industry since the turn of the year. NCAB is reporting that it has observed extremely high infection rates throughout China, especially in the Shenzhen region.
Texas company moves all its manufacturing to Skywater
January 25, 2023
VORAGO Technologies, a Austin, Texas-based high technology company providing radiation-hardened and extreme-temperature solutions, is moving all its manufacturing stateside in a strategic partnership with semiconductor foundry, Skywater Technology.
Five ways manufacturers prepare for recession
January 25, 2023
The electronic component industry has grown accustomed to a period of heightened demand as shortages have plagued supply and driven up pricing. Now that inflation and the global economic downturn have begun to impact consumer behavior, the market is experiencing declines across numerous verticals. The changes in forecasts for the remainder of the year and predictions for Q1 of 2023 are pushing semiconductor manufacturers to brace for recession.
How the "golden screw" is changing purchasing behavior
January 20, 2023
The procurement of components has been very rocky in the past two years. Shortages disrupted manufacturing lines often because just one small component was missing. Such "golden screws" literally have been a gold mine for brokers.
Global semiconductor revenue grew 1.1% in 2022
January 18, 2023
According to preliminary data from Gartner, global semiconductor revenue climbed 1.1% in 2022 to reach USD 601.7 billion, up from USD 595 billion in 2021. The top 25 semiconductor vendors collectively generated 2.8% more revenue in 2022, making up 77.5% of the market.
Notebook shipments projected to reach a 10-Year low in 1Q23
January 17, 2023
Due to the various major events that affected the global economy and politics, the overall demand for consumer electronics made a sharp downward turn in 2022, and global shipments of notebook (laptop) computers began to fall over the quarters.
Expansion is on the horizon for Sourceability
January 16, 2023
Last week, Evertiq reported that Austin-based investment firm CrowdOut Capital had acquired electronic component distributor Sourceability from Zollner Elektronik AG in a management-led buyout. Evertiq reached out to Sourceability to see what the expected effects might be.
X-fab setting expansion course
January 04, 2023
“We see very strong demand for automotive so we are permanently searching for further expansion", said Rudi de Winter, CEO of European foundry X-Fab in an interview with eeNews Europe.
10 events that defined the industry in 2022
December 28, 2022
2022 has been, just like the years before it, a special year. Supply chain issues, geopolitical tension and the resurgence of the pandemic has kept the industry on its toes.
Major milestone for HARTING, passes the billion euro mark
December 13, 2022
The HARTING Technology Group has, in spite of adverse conditions, exceeded the billion euro revenue mark for the first time.
Head or tailwinds for 2023? Hard to choose, says Tim Carroll
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November 16, 2022
Digi-Key's VP of eCommerce, Tim Carroll, elaborated on the changes in operations that were brought forth by the pandemic and the semiconductor shortage.