Rutronik

Germany’s Rutronik Expands its Presence in the Americas

For decades, U.S.-based electronic component distributors’ global growth strategy was acquisition. Beginning with the EU, American distributors acquired foreign competitors to establish themselves in a geographic market. The same is true for Asia-Pacific, and acquisitions there will likely continue. For foreign distributors entering the Americas the trend has been different. While there have been acquisitions—by…

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ECIA Foundation “Project Host 2018” Gets Enthusiastic Support From Student Ambassadors

Atlanta, GA – ECIA announces the 2018 participants in “Project Host,” a program that provides university students and their faculty the opportunity to attend the industry's premier summit, EDS. Student Ambassadors are matched with volunteer ECIA member executives and shadow them as they attend meetings and negotiate business deals. This year's host companies include Abracon,…

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ISM Reports Continued Manufacturing Growth

The Institute for Supply Management (ISM) Manufacturing Report on Business for April reported expansion, both for the manufacturing sector and the overall economy. This accounts for 108th consecutive month of growth.  Positive signs are numerous, including growth in new orders, production and employment; increased raw materials inventories; increasing prices; and higher backlogs. Timothy R. Fiore,…

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Automotive Semiconductors Open Stellar Opportunities

According to the latest industry report published by the World Semiconductor Trade Statistics (WSTS), the global semiconductor market is expected to increase 9.5% in 2018 representing a growth of $451 billion.  Increased connectivity and automated driving are shifting where revenue is going in the automotive sector. This shift is going to affect demand for automotive…

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Lawsuit Alleges Price Fixing by Top DRAM Manufacturers

Consumers today filed a class-action lawsuit against the three largest manufacturers of dynamic random access memory (DRAM), stating they illegally agreed to raise prices of DRAM, a critical component of smartphones, laptops and other electronics, therefore pushing price increases onto consumers who purchased devices containing DRAM, according to Hagens Berman. Did you purchase a smartphone or…

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