The pace of U.S. factory activity surged in December, propelling the manufacturing industry to its best year since 2004. The Institute for Supply Management’s leading index, the PMI, grew by 1.5 percent to reach 59.7 percent in December. That brought 2017 to an average PMI of 57.6 percent. “This is the second highest number in…
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Supply chains are as old as commerce, but today, supply chain operations are evolving at an unprecedented clip. Modern supply chains are incredibly dynamic. Processes that used to be essentially linear (plan, buy, make, move) are now intertwined and circular. That means flexibility, agility and responsiveness in supply chain planning are more important than ever…
DetailsLed by inventor and entrepreneur David Hall, Velodyne LiDAR – the world leader in 3D vision systems and advanced safety for autonomous vehicles – today announced a significant cost reduction for its VLP-16 Puck, which will spur hope and excitement for the development of safe autonomous vehicles that are accessible to all. Velodyne’s most popular…
DetailsSEMI today announced the appointment of Masahiko (Jim) Hamajima as president of SEMI Japan. Reporting to SEMI president and CEO Ajit Manocha, Hamajima assumes profit and loss (P&L) responsibility for SEMI Japan and leadership of SEMICON Japan along with all regional programs, events, and initiatives including SEMI Standards and industry advocacy. With more than 325 members, SEMI Japan plays a…
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The rise of artificial intelligence (AI) and its applications in manufacturing have driven a palpable fear that mass job loss is on the horizon. We have to wonder: is the threat as real and as imminent as many think? Like many things, the answer is more nuanced than a simple yes or no. A McKinsey Global…
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Arrow Electronics Inc. is diving deeper into the design engineering services market with an agreement to purchase eInfochips, a San Jose-based product engineering firm serving OEMs and semiconductor companies with a range of offerings spread across various segments of the high-tech industry. The eInfochips transaction is the latest in a series of transformative actions being…
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Happy New Year… Wow! 2017 was certainly an interesting year in the global supply chain. From superstorms to data breaches to geopolitical changes to economics, supply chain managers from all industries have gone through a head-spinning year. And guess what? It doesn't look like things will get much easier in 2018! However, as you toast…
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EPSNews takes a look at the top 10 stories of 2017 as we head into the new year. What we’ve found is that many of the most popular articles this year focused on component shortages and pricing trends, particularly for memory devices. This is not surprising considering that the electronics components industry faced tight supply and…
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Now that the holiday season is behind us, are you thinking about all the orders you could have filled if your forecast, procurement, and production plans had been more accurate? Or are you worried about the orders you didn’t fill as you now try to get rid of excess inventory? Did you delight or disappoint…
DetailsThe overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021 with a compound annual growth rate (CAGR) of 18.4%, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The most popular wearables to date have been basic wristbands like the Xiaomi Mi Band or…
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