IPC announced today the April 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.62. Total North American EMS shipments in April 2021 were up 10.5 percent compared to the same month last year. Compared to the preceding month, April shipments fell 11.9 percent. EMS bookings in April…
Details“Electrocomponents has delivered a strong performance in a challenging year,” said CEO Lindsley Ruth. “We continue to drive market share gains, invest in our organic growth opportunities and generate good cash flow. In addition, we welcomed three high quality businesses into our Group to accelerate our strategic aspirations. I am incredibly proud of how well…
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The Covid-19 pandemic exposed the risks of a global supply chain heavily dependent on offshore manufacturing. For much of 2020, shocks to the system resulted in months-long shipping delays for essential goods like PPE, electronics and medical supplies. The Biden administration has pledged to rebuild U.S. supply chains in a way that prevents critical equipment…
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Total NAND Flash revenue for 1Q21 increased by 5.1 percent QoQ to $14.82 billion, according to TrendForce’s latest investigations. In particular, bit shipments rose by 11 percent QoQ, while the overall ASP dropped by 5 percent QoQ; hence, bit shipment growth offset the decline in the overall ASP. Although NAND Flash demand from notebook computer…
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Though container rates have climbed on all major lanes in the last few weeks, those with exposure to the Suez are still feeling the sting more, according to cargo marketplace Freightos. Ocean rates from Asia to the Mediterranean have increased 23 percent in May to nearly $10,000/FEU, and Asia- U.S. East Coast and Mediterranean prices…
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IC Insights’ sales ranking of the world’s top-15 worldwide semiconductor (IC and O S D—optoelectronic, sensor, and discrete) companies shows chip makers grew 21 percent in the first quarter of 2021. The group includes eight suppliers headquartered in the U.S., two each in South Korea, Taiwan and Europe, and one in Japan. The ranking includes…
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There is no end in sight for global supply delays stemming from trade restrictions and transportation logjams. Demand continues to rise for U.S.-manufactured goods, but raw material and component disruptions are hindering production expansion. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising commodities prices and difficulties in transporting products are continuing to…
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Memory IC sales, fueled by economic recovery and the transition to a digital economy, are forecast to reach $180.4 billion in 2022, exceeding the previous record high set in 2018. IC Insights recently updated its forecast for 33 major IC product categories, including DRAM and NAND flash, in its April Update to the 2021 edition…
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Business stakeholders often overlook sourcing and procurement departments, viewing them as tactical purchasing and contract administrators or even as barriers to the buying process. The pandemic gave procurement an opportunity to prove its value, as businesses relied on cost savings and critical supplies such as PPE-related goods and services to stay afloat and keep employees…
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Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…
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