Author Archives: News Desk

Renesas Invests in Reopening Kofu Factory

Renesas Electronics Corporation (“Renesas”, TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it will conduct a 90-billion-yen worth investment in its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan. While the Factory was closed in October 2014, Renesas intends to reopen the fab in 2024 as a 300-mm wafer fab capable…

Shanghai Aims for Gradual Reopening

Despite efforts to restart manufacturing, the seven-week lockdown in Shanghai has sent export volumes plummeting. In response to dropping demand for freight, ocean carriers have continued to cancel a significant number of sailings out of Asia, according to Freightos. This additional reduction in capacity may have contributed to Asia – US West Coast rates climbing…

Flip to Provide EOL Services to ERP Power

Flip Electronics has signed a franchised distributor partnership agreement with ERP Power (ERP) to distribute its End-of Life (EOL) semiconductor products. ERP designs and manufactures full spectrum tunable color light engines and small, smart and connected LED drivers. ERP’s industry-leading tunable color light engines, precision power drivers, connected controls capabilities offer extensive dimmer capability, wireless…

Arrow Names Kirk Schell President of Global Components

 Arrow Electronics, Inc. (NYSE:ARW) today announced that Kirk Schell has been named president of the company’s global components business. Schell joins Arrow from Dell Technologies, where he was senior vice president for online business-to-business sales. Schell’s career involves positions of increasing leadership at Dell, including senior vice president of the Asia-Pacific region, as well as…

Freight Rates Continue to Decline

Covid case numbers in Shanghai fell to a six-week low this week, but restrictions in many areas of the city are getting tighter, and expectations are that the eventual reopening will be gradual, Freightos, a cargo marketplace, reports. With available exports still way down as manufacturing and trucking remain significantly impacted, the major ocean carrier…

Zuken Enhances Harness Tool

Harness Builder for E3.series 2022 introduces enhancements to accelerate the adoption of smart manufacturing, improve wire harness cost and weight estimates, and connect to leading third-party testing and manufacturing solutions. New cost and weight estimation options significantly improve upfront engineering quality. Combined with updates to the Work Instructions Assistant and the powerful dash number configuration,…

Innoscience & WPG Sign Global Distribution Pact

Innoscience Technology, a company founded to create a global energy ecosystem based on high-performance, low-cost gallium-nitride-on-silicon (GaN-on-Si) power solutions, has signed a global distribution agreement with WPG Holdings (WPG), giving customers in all parts of the world access to Innoscience’s leading high and low voltage normally-off (enhancement mode) GaN HEMTs. Dr Denis Marcon, General Manager,…

Report: Buyers Will Get a Break on NAND Prices

Weakened demand for consumer electronics is prompting suppliers to cut NAND prices in exchange for sales, according to market research firm TrendForce. The price of NAND Flash wafers is expected to begin falling in May and the supply of NAND Flash will gradually overtake demand in 2H22. The price decline of NAND Flash wafers in…

Capacity Improves for Ocean Freight; Prices Declining

The ongoing lockdown in Shanghai – as well as China’s Labor Day holiday that saw many factories across the country closed over the first half of this week – continued to make exports scarce, according to the Freightos cargo marketplace.  Meanwhile, Covid case counts climbed in Beijing and other cities raising the possibility of additional…

Farnell Signs APAC Distribution Agreement With KUNBUS

Farnell, an Avnet Company and global distributor of electronic components, products and solutions has signed a new distribution agreement with KUNBUS to further enhance its portfolio of solutions for industrial automation and control applications. Design engineers can save time and money when using the devices, gateways, and expansion modules in the KUNBUS portfolio to implement…