Smith & Associates Appoints Chief Globalization Officer

Smith & Associates, the largest independent distributor of electronic components, today announces the appointment of Mark Bollinger to the role of Chief Globalization Officer. In this newly created position, Bollinger will oversee the administration of Smith & Associates’ international offices. As Smith expands and develops its worldwide business, the company is finding it increasingly important…

Amphenol Industrial Opens New Facility to Support Buy America

Sidney, N.Y.– Amphenol Industrial Operations (AIO), a division of Amphenol Industrial Products Group, recently opened Amphenol EEC.  This new facility, centrally located in Chicago, Illinois, manufactures connectors and cable assemblies that meet the stringent requirements of the Buy America program. Amphenol’s newly acquired EEC division specializes in high-quality prototyping and production of connector solutions.  The integrated…

Chip Equipment Spending Flat in 2016

SEMI projects that the worldwide semiconductor equipment market will be flat this year and will rebound in 2017 according to the mid-year edition of the SEMI® Capital Equipment Forecast, released today at the SEMICON West exposition. SEMI forecasts that the total semiconductor equipment market will grow 1 percent in 2016 (reaching $36.9 billion) after contracting 3 percent in…

IoT Security Market to Reach Nearly $37B by 2021

Global Internet of Things (IoT) security market growth is driven by increasing security concerns for critical infrastructure and strict regulatory compliances for the next few years, while BFSI vertical is set to have the largest IoT security market size during the forecast period dominated by Asia-Pacific which is projected to witness the highest growth during 2016-2021. Complete…

Infineon to Acquire Wolfspeed for $850M

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned…

Smart Grid Market to Reach $65.4M by 2021

According to a new market research report, “Smart Grid Market by Solution (Advanced Metering Infrastructure, Smart Grid Distribution, Smart Grid Communication, Grid Asset Management, Geographic Information System and Billing & Customer Information System), by Service – Global Forecast to 2021”, published by MarketsandMarkets, the market size is expected to grow from USD 19.8 Million in 2016 to USD 65.4…