After a 6 percent drop in IC unit shipments in 2019 and an 8 percent increase in 2020, IC Insights forecasts a huge 21 percent jump in chip unit shipments this year. Unit shipments in 2021 are forecast to reach 391.2 billion, more than 11x the 34.1 billion units shipped over 30 years ago in…
Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor, continues to expand its line card by adding 62 new manufacturers to date in 2021. With more than 1,100 manufacturer brands, Mouser now offers an even wider range of product options for its global customer base of design engineers, component buyers, procurement agents, educators…
Increased component prices are inevitable when demand outstrips supply. But the electronics supply chain is being hammered on all sides – from materials to logistics — with rising costs. As one freight expert put it: “In 2020 and 2021, global logistics just can’t seem to catch a break.” For months, the Institute for Supply Management…
Gowanda Electronics, a designer and manufacturer of high-performance inductors and magnetic components for demanding RF and power applications, is pleased to announce the launch of its new brand identity with a redesigned logo and new website. The rebrand solidifies the company’s leadership position in engineered components for the global electronics marketplace. “The prior Gowanda Electronics…
A survey by Gartner, Inc. among 199 CEOs and senior business executives in supply-chain-intensive industries showed that 17% see cost optimization as the No. 1 issue that chief supply chain officers (CSCOs) should focus on in the near future, followed by supply chain resilience (16%). “CEOs are tasking their CSCOs to focus on navigating through…
Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers, buyers, and logistics providers can have a trickle-down effect that causes waste, time loss, and increased carbon emissions. With…
PEI-Genesis, a leading provider of custom-engineered connector and cable interconnect solutions, has extended its partnership with global connector manufacturer Positronic across Europe and Africa. The expansion comes after considerable demand from customers in these regions. As of June 25, 2021, engineers in Africa and Europe can benefit from PEI-Genesis’s value-add service of Positronic connectors. This…
IPC announced today the June 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.48. Total North American EMS shipments in June 2021 were up 14.3 percent compared to the same month last year. Compared to the preceding month, June shipments grew 31.3 percent. EMS bookings in June…
REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE’s first asset-light Integration Center for…
IPC announced today the June 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.15. Total North American PCB shipments in June 2021 were up 6.3 percent compared to the same month last year. Compared to the preceding month, June shipments grew 17.3 percent. PCB bookings in June…