The internet of things (IoT) has taken the world by storm in recent years. Everything from appliances to cars to handheld devices are connecting people to data and services like never before. However, with those connections come amazingly complex and effective devices and thus the need for greater control and interoperability between highly dispersed teams…
The two-day closure of Hong Kong International Airport (HKIA) had not impacted air cargo as of late Tuesday, although future delays appear inevitable. Given the volume of freight that passes through the airport — 5.1 million metric tons in 2018—any disruption of air traffic can hinder cargo departures. Air freight carriers, including Cathay Pacific, FedEx,…
As digital transformation rolls out and more supply chain operations come online, the need for synchronicity across all systems is growing. The answer is a streamlined platform and management system. As a business model designed to synergize processes, tools, and communication largely through a single, scalable network, a platform creates value from the exchanges made…
In an ugly turnaround from last year, IC growth rates in 2019 are expected to be heavily weighted toward the negative side of the chart, with nine segments forecast to see a sales decline of 10 percent or more, according to market research firm IC Insights. Sixteen product categories are expected to experience flat sales…
The midpoint of the year not only brings new challenges and opportunities, but also provides the chance to reflect and plan for the months ahead. The fast-approaching servitization-centered economy, where companies will no longer sell just products, instead owning the responsibility for the business outcome those products deliver, will encourage a shift to subscription-based businesses…
Despite a 38 percent sales decline expected this year, the DRAM market is forecast to remain the largest of all IC product categories in 2019 with sales reaching $62.0 billion, down from $99.4 billion in 2018. IC Insights believes the DRAM market will account for 17 percent of total IC sales in 2019. By comparison,…
Businesses increasingly rely on third-party vendors and contractors to supplement their workforce, expand their capabilities and serve customers. The benefits a company realizes as a result of leveraging a range of third-party vendors are undeniable, yet doing so doesn’t come without risk. If payments, agreements and approvals aren’t properly managed, the business can be at…
The global electronics manufacturing services (EMS) industry increased its revenue by 15 percent in 2018, according to New Venture Research’s (NVR) annual EMS report, to reach nearly $542 billion. Combined EMS and original design manufacturer (ODM) revenue grew by $70.7 billion in 2018. Revenue growth from 2013 to 2016 had been flat, according to The…
DRAMeXchange, a division of TrendForce, reports that following the Toshiba outage in mid-June, the Japanese government announced that it will be controlling South Korea-bound exports of three key materials used in the manufacturing of semiconductors, smartphones and panels, causing module manufacturers in the memory industry downstream to give higher quotes. However, since DRAM and NAND Flash…
The electronics industry has always counted on the proliferation of electronics content to get it through lean economic times. IC Insights’ forecast that semiconductor content is going to drop this year is a blow to the already unsteady market. IC Insights forecasts that the 2019 global electronic systems market will grow 4 percent to $1,680…