Finance News.

Buying LEDs: Consider the Total System Cost

LED manufacturers think it’s about time to change the purchasing conversation around LED pricing. This means looking at the total bill-of-materials (BOM) for the LED lighting system instead of just the cost of the LED. In a recent conversation with Paul Scheidt, leader of product marketing for LED components at Cree Inc., he explained that…

Building Lasting Supply Chain Alliances

No enterprise involved in the electronics supply chain operates in a vacuum, not even companies that have a monopoly on their economic sector. It’s easy, though, for a business to keep a relationship going on past its benefits for the wrong reasons. It’s a trap a former British foreign secretary and prime minister identified generations…

Digi-Key Kicks Global Expansion into High-Gear

Digi-Key Corp. has in recent years reported impressive sales growth of two to three times the industry average, making the electronics component distributor one of the best performing companies in its sector. It’s not slowing down. For 2015, the company projects another double-digit sales expansion, buoyed by surging adoption of its services globally by engineers,…

Wireless Charging for Wearables Readies for Huge Growth

The global market for wireless power and charging in wearable applications is forecast to grow 3,000 percent this year compared to 2014, according to IHS Technology. The market research firm expects global revenue of wireless power receivers and transmitters for wearable applications to exceed more than $480 million in 2015, up from $15 million last year.…

Digi-Key 2014 Sales Jump on Surging IoT Demand

Digi-Key Corp. posted solid revenue growth in 2014, cruising easily past the industry’s single-digit average and boosting the electronics company distributor’s annual revenue to record level on rising demand for its services from OEMs and engineers working on Internet of Things (IoT) products. The company also attributed the surge in 2014 sales to continued demand…

Future Bets Big on ‘Proliferation of Electronics’

Future Electronics Inc. plans to increase its investments in distribution support facilities and jack up hiring in Europe and Asia in 2015 as the company prepares to support rising “proliferation of electronics” in all areas of manufacturing, services and other segments of the global economy, according to company executives. In 2015, Future expects to more…

Sensors: Biggest Growth Opportunity for Semiconductor Industry

Santa Clara, Calif. – Sensors are expected to provide the strongest sector growth opportunity for the semiconductor industry in 2015, according to the annual Global Semiconductor Industry Survey from KPMG LLP, the U.S. audit, tax and advisory firm. Sixty-one percent of survey respondents predict sensors will provide the biggest opportunity for growth next year. Other…