PEI-Genesis Sells FilConn

PEI-Genesis, a global leader in the design and assembly of custom engineered interconnect solutions, is pleased to announce that it has signed a definitive agreement to sell FilConn based in Chandler, AZ to Hermetic Solutions Group (HSG). PEI-Genesis first acquired FilConn in 2016 to better serve customers’ needs for low volume, quick turn, custom connectors.…

Electronics Component Shortage: A Tale of Two Decades

In 2001, there was so much excess component inventory in the supply chain that more than $13 billion worth of semiconductors alone was written down or off by component makers, distributors and customers. People still wince at the memory. In 2021, there’s such a severe shortage of semiconductors that the automotive industry is set to…