Semiconductor Sales to Grow at 7.1% CAGR Through 2026

IC Insights forecasts total semiconductor sales will rise 11% this year following a very strong 25% increase in 2021 and an 11% increase in 2020.  If achieved, it would mark the first time since 1993-1995 that the semiconductor market has enjoyed three consecutive years of double-digit growth. From 2016-2021, the compound annual growth rate (CAGR)…

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Smith Names VP of Global Purchasing

Smith, a leading global distributor of electronic components and semiconductors, today announces the appointment of Rocky Xu to the position of Vice President of Global Purchasing. He will work alongside Mike Pursley and Todd Snow, who also hold the same title, to oversee Smith’s global purchasing initiatives. “Smith’s best-in-class procurement team is backed by our detailed industry analysis…

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Newark Expands Technical Resources Hub

 Newark, an Avnet Company and global distributor of electronic components, products and solutions, has expanded the Technical Resources Hub to include new exclusive resources offering a deep dive into Industry 4.0, Internet of Things (IoT) design and wide-ranging hot topics for electronic development engineers. The Technical Resources Hub is designed to provide engineers with comprehensive…

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Materials Contamination to Impact NAND Flash Output

Western Digital Corp. (WDC) recently stated that certain materials were contaminated in late January at NAND Flash production lines in Yokkaichi and Kitakami, Japan which are joint ventures with Kioxia, according to TrendForce’s investigations. Before this incident, TrendForce had forecast that the NAND Flash market will see a slight oversupply the entire year and average…

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TDK Invests in Green Energy Venture

TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures, Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis. Having recently completed their spin-off from green chemical company Chemetry, Verdagy is focused on the large-scale production of green hydrogen required for…

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Newark Launches New Power Management Hub

Newark, an Avnet Company and global distributor of electronic components, products and solutions, has launched a comprehensive new online hub for power management technology and solutions. Customers can access the hub for new featured products and applications and learn more about power management through engaging content and resources such as videos, articles, and training modules.…

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Report: Component Lead Times to Increase

The latest data from Supplyframe points to seemingly insatiable demand for electronic components and semiconductors for 2022. Global manufacturers can expect severe supply constraints and cost inflation pressure for many component categories into 2023, according to the report. The new industry intelligence also anticipates extended electronic component lead times, with 70% of all lead-time dimensions…

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Pandemic, Component Shortages Take Toll on Global Distributors

Perhaps the best thing that could be said about 2021 is that it’s over. The pandemic has plunged the electronics industry into a two-year supply-chain disaster with ongoing component shortages well into 2022. In fact, nearly one-third of the top global distributors attributed shortages, allocation, and extended lead times as their biggest challenge last year,…

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