Finance News.

Semiconductor Assoc. Applauds Passage of TPA

The Semiconductor Industry Association (SIA) this week today applauded Congress for approving the bipartisan Trade Promotion Authority (TPA) legislation. Although passage of the TPA puts the U.S. closer to a controversial Trans-Pacific Partnership (TPP) agreement, the SIA said the TPA “will strengthen the U.S. semiconductor industry and [the U.S.]  economy by paving the way for…

What Happens to Purchasing When Suppliers Merge?

Purchasers fret when suppliers merge. As well they should. Continuity of supplies is critical to success in the procurement world and nothing threatens this more than mergers and acquisition activities. An acquisition can result in the elimination of product lines, derailing carefully laid out procurement plans. A spate of recent acquisitions in the semiconductor market…

Newark element14: A Decade of Change

Tom Hudak’s resignation as president of Chicago-based Newark element14 this week underscores several major management and branding changes at the distributor over the past decade. Since 2003, the North American distribution business of UK-based Premier Farnell plc has had five presidents and two brands, changing from Newark Electronics to NewarkInOne and now Newark element14. While management…

IBM Deepens Partnership With Chip Designers

IBM Corp. has announced that it will offer a new cloud service for companies looking to design chips for electronic products such as mobile phones, wearable devices and Internet of Things (IoT) systems. Dubbed the IBM High Performance Services for Electronic Design Automation, IBM executives said the company has partnered with SiCAD, Inc., a silicon…

India’s Rise to Further Shift Global Electronics Supply Chain

India presents a very interesting opportunity for the semiconductor and electronics industry: it is the most recent Cinderella Story among the emerging market economies, benefitting from global economic shifts — low oil and strong dollar, especially, are enhancing the strong and sustainable growth plan of Prime Minister Narendra Modi. As discussed in a recent EPS…

Digi-Key Pivots, Merging Old & New Tools as Market Evolves

Digi-Key Electronics has a fat target on its back. Design engineers love it but rivals also both admire and begrudge its tight relationship with designers. It’s a well-earned reputation but with competitors snapping at its heels Digi-Key’s management say they are doubling down on the technology and service innovations that have set the company apart…

China Makes Inroads in TV Outsourcing

China is no longer a destination for offshoring — it is becoming more of an an outsourcing economy in its own right. Because certain TFT LCD panels were scarce in 2014, according to IHS, top TV brands turned to TV subcontract manufacturers in China. BOE and TCL were chosen for their semi-set outsourcing and original…

NAND Flash Market Expands; Prices Decline

The global NAND flash market is growing at a CAGR of 10.1 percent to 2019, with market revenue expected to top $49 billion by 2019, according to the research report Global NAND Flash Market 2015-2019. At the same time, lower materials and manufacturing costs are helping manufacturers decrease NAND-flash ASPs. NAND flash-based storage devices are now considered…

2 Acquisitions in 2 Years: Sager Buys Norvell

When several now-global distributors were busy gobbling up competitors in the 1990s, Sager Electronics maintained its laser-focus on its specialty products – IP&E—and its position in the Americas market. Although not historically acquisitive, Sager – with its announcement it would acquire Norvell Electronics Inc., headquartered in Carrollton, Texas, — has made its second acquisition in…