Taiwan start-ups have some digital healthcare technologies they’d like to bring to the United States. They have a few hurdles to clear first. For many foreign companies, unique technology isn’t enough to secure investors in America. The medical technology market is highly regulated, and venture capitalists remain very cautious about where they invest their money…
Autonomous cars have been recently hitting the headlines and dominating tech-talks. It’s seen as a post-Uber disruption to public commuting and transportation of goods. It is surely not a figment of imagination in the age of artificial intelligence (AI) which is being used to complement driverless cars. The combined might of AI and driverless technologies…
Texas Instruments Inc. has further pared its distribution channel, notifying global distributor World Peace Group (WPG) and Asia-Pacific distributor WT Micro that it was terminating those relationships, effective December 2020. TI told global distributor Avnet Inc. last week that it was ending their franchise agreement. The latest announcements are consistent with the evolution of TI’s…
Texas Instruments, a longtime supplier to Avnet Inc., will discontinue its relationship with the global distributor as of Dec. 31, 2020. TI’s products account for roughly 10 percent of Avnet’s sales, which reached $19.5 billion in fiscal 2019. TI notified Avnet of its decision on Oct. 1, citing the evolution of its channel strategy. TI…
U.S. factory activity in September contracted for the second consecutive month to reach its lowest level since June 2009—the end of the last recession. The Institute for Supply Management’s leading manufacturing index, the PMI, registered 47.8 in September, a 1.3 percent drop from August. The demarcation line between expansion and contraction is 50. Business confidence…
Avnet Inc. is expanding its offerings in China by launching a super store on Alibaba Group’s China-focused B2B purchasing and wholesale marketplace 1688.com. Through an alliance with Alibaba Cloud, the electronics distributor will also enable services such as IoT prototyping. As China’s largest wholesale platform for industrial products, 1688.com is home to more than 10…
Buyers and engineers have more in common than you think. Both purchase electronics components to advance a new product design, and both face the tedious and time-consuming task of generating purchase orders (POs). During the lifespan of a new project, POs are sent to multiple sources and generate multiple costs. Companies expend roughly $160 per…
End-to-end visibility remains elusive across the electronics supply chain as few solutions tick all the boxes for any complex organization. However, AI, IoT, the cloud and other technologies continue to drive advancement toward this goal. Intel Capital and WRVI Capital are among investors in CloudLeaf Inc., which recently launched its Digital Visibility Platform. The solution…
The nation’s leading factory index in August contracted for the first time in three years as new orders, production and employment all fell below 50 — the threshold between growth and contraction. The Institute for Supply Management’s PMI dropped to 49.1 percent last month, its lowest reading since 2016. Business confidence has also declined as…
Three of the industry’s biggest distributors – Arrow Electronics Inc., Avnet Inc. and Electrocomponents plc – have withdrawn from the Electronic Components Industry Association (ECIA), marking an historic, structural change in the 9-year-old trade organization. A new group, the Global Electronics Distributor Association (GEDA), will be formed within the next 90 days, according to an…