Ark Electronics expands global manufacturing network
April 17, 2024
Electronic manufacturing company Ark Electronics recently announced the expansion of its global factory network with the addition of EMS capabilities in Mexico and Europe.
China projected to export 1.2 Million NEVs in 2023
January 02, 2024
TrendForce reports that the global sales volume of NEVs (including BEVs, PHEVs, and FCVs) is estimated to reach approximately 12.8 million units in 2023. Regional market sales shares are expected to be 60% in China, 22% in Western Europe, 11% in the United States, and 6% in other regions, with China’s market demand distinctly in the lead.
Prices have started to drop in PV industry chain
December 28, 2022
According to TrendForce’s latest analysis of the industry chain for photovoltaic (PV) products, buyers of PV wafers have become less willing to stock up.
The global chip shortage - a timeline of unfortunate events
June 04, 2021
COVID-19 has sent traumatic ripples through supply chains around the globe, but the semiconductor supply chain was fragile long before governments shut down and catastrophe struck. In a culmination of negative variables, the chip shortage has amassed over the years from a series of unfortunate events.
Growth in smartphone production for 2021 drops to 8.5% YoY
May 10, 2021
TrendForce’s investigations find that India has become the second largest market for smartphones since 2019. However, the recent worsening of the COVID-19 pandemic in the country has severely impaired India’s domestic economy and subsequently dampened various smartphone brands’ production volume and sales (sell-in) performances there.
Advantech and Interlatin to set up JV in Mexico
July 06, 2020
Industrial IoT specialist, Advantech, says it is establishing a joint venture subsidiary in Mexico with its channel partner Interlatin.
COVID-19 decimates automotive power semiconductor revenue in 2020
June 09, 2020
The COVID-19 pandemic is wreaking havoc on sales of automotive power semiconductors, with falling demand for motor vehicles causing global market revenue to decline by 16 percent in 2020.
Keytronic starts production at its new Vietnam facility
December 13, 2019
Keytronic Corporation says it has started shipping product from its new Da Nang, Vietnam manufacturing facility.
Global smartphone production volume grows 9.2% in 3Q19
November 29, 2019
According to TrendForce, in an effort to meet the market’s stock-up demand in the peak season, total production volume for smartphone brands in 3Q19 is estimated at 375 million units, a 9.2 growth QoQ.
Sanmina certified for automotive manufacturing in Chennai, India
November 26, 2019
Sanmina has achieved the IATF 16949:2016 certification for its manufacturing facility in Chennai, India.
Chinese chip maker to U.S. firms: don’t worry
November 08, 2019
On Friday, the chairman of China’s top state-run semiconductor company, Tsinghua Unigroup, had some advice for U.S. chipmakers, saying they should “relax and sleep well,” with regard to China’s semiconductor development.
Apple requests U.S. waive tariffs
November 04, 2019
According to company filings with the U.S. Trade Representative’s Office, Apple Inc. has requested a waiver on tariffs for Chinese-made Apple products and components used in the manufacture of certain products.
Hawaiian market continues to accelerate for Eguana
October 31, 2019
Eguana Technologies says it has received USD 1.8 million in new orders in addition to the USD1.1 million announced in September as the Hawaiian market continues to grow.
Electronics manufacturers feel the effects of US-China trade war
October 24, 2019
Almost 90% of US electronics manufacturers state that they are troubled by the increased tariffs imposed by the United States and China on each other’s imports – some are even investing less in the US as a result.
U.S. silicon industry presses Congress for inclusion in tariff talks
October 23, 2019
Three major U.S. silicon industry manufacturers urged members of congress to include tariffs, imposed by the Chinese on U.S. exports of polysilicon to China since 2014, in ongoing U.S. trade talks with the country.
PC DRAM contract prices stabilised in August
October 03, 2019
The global market research firm TrendForce reports that the average contract price of 8GB PC DRAM modules remained constant at USD 25.5 in August, showing no noticeable change from the previous month.
CMOS image sensors stay on stairway to record revenues
September 09, 2019
Economic slowdown and U.S.-China trade war will not stop CMOS image sensors from continuing their string of record sales and shipments going back to 2011, says report.
Google dialing in Vietnam for Pixel phone production
August 30, 2019
Google has announced it will shift production of its Pixel smartphone from China to Vietnam to take advantage of a low-cost supply chain in Southeast Asia.
IMI: 'Despite challenges we remain confident'
August 26, 2019
Integrated Micro-Electronics, Inc. (IMI) closed the first six months of 2019 with consolidated revenues of USD 636 million, a 5% decline compared to last year.
Avnet secures Foreign-Trade Zone status in AZ
August 22, 2019
Avnet has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Arizona, part of Maricopa County.
TV panel prices plunge in June, no signs of stopping in July
July 05, 2019
Although the US-China trade dispute reached a ceasefire after the Trump-Xi meeting at G20, TV brands have been engaging in preemptive stocking in 2Q due to fears of a 25% tariff to be placed into effect in 3Q as well as Samsung Display's (SDC) original decision to shut down their Gen 8.5 L8-1-1 plant. This caused TV panel prices to plunge in June to an unforeseeable extent.
Google moving hardware production out of China
June 14, 2019
Alphabet Inc.’s Google is moving production of Nest thermostats and server hardware out of China, avoiding punitive U.S. tariffs and an increasingly hostile government in Beijing, Bloomberg is reporting.
Global top ten foundries for 2Q19 perform less-than-expected
June 13, 2019
According to TrendForce’s latest statistics, the weakened demand in 1Q persisted well into 2Q as a result of political and economic instability.
Impending tariffs cast a shadow on TV market development
June 04, 2019
As worries spring up in the market about whether the 25% tariff arising from the US-China trade war would impact TV markets, US President Trump has further announced on May 30 that he plans to levy a 5% tariff on Mexico's imports to the US on June 10 due to illegal immigrant issues.
After three years of growth - semi revenues are projected to fall
May 16, 2019
After three consecutive years of growth, with YoY growth of 13.2% in 2018, the latest update to the Semiconductor Applications Forecaster (SAF) from IDC forecasts that worldwide semiconductor revenue will decline to USD 440 billion in 2019, down 7.2% from USD 474 billion in 2018.
U.S. Senate ponders EV supply chain development
May 15, 2019
The United States is closer to forming an EV supply chain policy, with lawmakers showing bipartisan support for legislation aimed at reducing China’s dominance in metals production and battery manufacturing.
US-China trade war escalates - notebook PC markets at risk
May 14, 2019
May 10th sees the US-China trade dispute escalating - yet again - as the US continues to hike tariffs on USD 200 billion worth of Chinese imports, going from 10% to 25%.
Leoni needs to stabilise its business – plans headcount reduction
March 18, 2019
Given the significantly greater costs connected to the ramp-up difficulties at the plant in Merida, Mexico, coupled with the persistently poor performance in the Wiring Systems Division and a further downturn in the market, Leoni says it cannot maintain its guidance for 2019.
Mouser to grow by approaching 50% in Europe in 2018
December 21, 2018
Mouser Electronics say that by the end of 2018 it expects to have achieved a growth of almost 50% in Europe, with a customer increase in excess of 18%.
Sanmina ready to support 'Make in India' initiative
December 19, 2018
EMS provider Sanmina, says that it has been granted Domestic Tariff Area (DTA) status at its manufacturing facility in the Hi-Tech SEZ (Special Economic Zone) in Oragadam, Chennai, India.
Trump: China to reduce and remove tariffs
December 04, 2018
US President, Donald Trump, recently met with President Xi Jinping of China, in what both described as a “highly successful meeting” in Buenos Aires, Argentina.
Current tariff battles has brought on challenges and opportunities
November 14, 2018
We met with Season Group's Executive Vice President, Steve Wilks, to talk about how the ongoing, an future, tariff battle between the US and China has affected business for the company. Interestingly enough, while it has presented challenges, it has also brought forth new opportunities for the company.
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