freight, demand, US, essential goods

Global Freight Demand Sinks; U.S. Focuses on Essential Goods

U.S.-China freight rates have been heavily impacted by the ongoing developments in Covid-19, according  logistics expert Freightos, which also provides insight on global shipping trends. China-US West Coast prices (FBX01 Daily) rose 1 percent since last week to $1,533/FEU. Rates are 3 percent lower than last year’s prices for this week. China-US East Coast prices…

Covid-19

EU Chip Makers Weigh Production Risks Amid Covid-19

As the Covid-19 outbreak has worsened in Europe, semiconductor manufacturers have had to examine the health issues and risk factors for their workers. Most of Europe is under lockdown, paralyzing the economy and daily life of hundreds of millions of people. PSA Group, Renault, Fiat Chrysler, Volkswagen, Ferrari, among other car manufacturers, have suspended production…

ISM Survey: 75% of Companies Report Supply Chain Disruption

Today the Institute for Supply Management (ISM) revealed the first-round results of a survey focused on coronavirus disease 2019 (Covid-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some…

semiconductor unit shipments

Semiconductor Units To Exceed 1 Trillion Devices in 2020

Annual semiconductor unit shipments, including integrated circuits and optoelectronics, sensors, and discrete (O-S-D) devices are forecast to rise 7 percent in 2020 and surpass one trillion units for the second time in history, according to IC Insights’ McClean Report. The 7 percent increase to 1,036.3 billion total semiconductor shipments expected in 2020 follows an 8…

Revenue per Wafer Rising As Demand Grows for sub-7nm IC Processes

Despite the high development costs associated with IC-processing technology, using smaller nodes yields larger revenue per wafer, according to new research from IC Insights. The success and proliferation of integrated circuits has largely hinged on the ability of IC manufacturers to continue offering more performance and functionality for the money.  Driving down the cost of…

Coronavirus Decimates China’s Public Display Production

The coronavirus has caused manufacturing rates of digital-signage products to plunge in the first quarter, contributing to production cuts of nearly 30 percent for public-display products, according to Omdia. Unit production of televisions used for signage applications is expected to decline by 10.9 percent in the first quarter of 2020 compared to the same period…