Chip Makers Continue R&D Spending Streak
Following record-high investments in 2021, chip companies are set to raise their R&D spending 9 percent this year to reach a level of $80.5 billion
DetailsCapacity 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…
DetailsFarnell 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…
DetailsArrow Q1 2022 Sales Up 8%
Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2022 sales of $9.07 billion, an increase of 8 percent from sales of $8.39 billion in the first quarter of 2021. First-quarter net income was $365 million, or $5.31 per share on a diluted basis, compared with a net income of $206 million, or $2.72 per share on…
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HP Adds Stress Tests to its Supply Chain — and Adapts
Two years ago, just before the arrival of Covid-19, HP opened a new, 150,000-square-foot 3D Printing and Digital Manufacturing Center of Excellence
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Semiconductor Industry Needs to Recruit Talent Early
Semiconductors are a critical component for the electronics industry in the United States, yet they are largely made overseas
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Manufacturing Activity Remains Sluggish
U.S. manufacturing activity in April expanded at its slowest pace in nearly two years amidst high levels of employee turnover and Covid lockdowns in China. The Institute for Supply Management’s factory index, the PMI, decreased by 1.7 percent to 55.4 as the employment, production and new orders indexes slipped slightly from March. Any number above…
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A Brief History of Arrow’s Executive Leadership
If you Google Arrow’s new President and CEO Sean Kerins, you’ll see references to his basketball career at Syracuse as well as his leadership at Arrow
DetailsArrow Names Sean Kerins President & CEO
Arrow Electronics, Inc. (NYSE:ARW) today announced Sean J. Kerins as president and chief executive officer (CEO), effective June 1, 2022, succeeding Michael J. Long who, effective June 1, 2022, will become executive chairman of the Arrow board of directors. Additionally, Arrow Electronics, Inc. today announced Kerins will join the Arrow board of directors effective following…
DetailsBosch to Expand MEMS Reach via Arioso Buy
Bosch is expanding its expertise in MEMS (micro-electro-mechanical systems) micro speakers and strengthening its market position as leading provider of sensing solutions for consumer electronics with an acquisition. Arioso Systems, based in Dresden, Germany, is to become part of the Bosch Sensortec GmbH. Agreements to this effect were signed by Bosch and Arioso Systems. It…
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