Lytica, the world’s only provider of electronic component spend analytics and risk intelligence using real customer data, today announced it has raised over $3 million USD in equity investment, grants and other funding. York IE, a vertically integrated strategic growth and investment firm, led a $1.5 million equity investment round. This follows recent funding obtained from…
DetailsTTI, Inc., a leading specialty distributor of electronic components, continues expanding its product offering in Brazil and South America by adding TE Connectivity products in its proximity warehouse in São Paulo, beginning August 2021. “We want to offer our in-country customers, the convenience of buying locally the same products they can select in our line…
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Driven by surging demand and rising prices for DRAM and flash memory, Samsung, the world’s largest memory supplier, saw its total semiconductor sales increase 19 percent in 2Q21 to $20.3 billion, moving it past Intel and into first place to become the world’s largest semiconductor supplier for 2Q21, IC Insights reported. Samsung was previously ranked…
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Due to economic and environmental pressures industrial operations are moving toward a more automated future. This has been happening for quite some time as automation, powered by robotics in manufacturing, provides a host of benefits such as operational cost savings, higher efficiency and faster time to market. The global market for both industrial and non-industrial…
DetailsEMA Design Automation® (www.ema-eda.com), a full-service provider and innovator of Electronic Design Automation (EDA) systems solutions, and Digi-Key Electronics, which offers the world’s largest selection of in-stock and ready-to-ship electronic components, have collaborated to release the OrCAD® Capture Bundle, a special offer available only on digikey.com. This new design bundle provides the tools, data, and…
DetailsECIA is pleased to announce that Stephanie Tierney will join the staff as Director of Marketing Communications and Member Engagement. Stephanie Tierney has been in the tech industry for over 15 years with seven years of association and membership engagement experience specifically in the electronic components industry. Ms. Tierney will work alongside Debbie Conyers, currently…
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Editor’s note: Europe’s manufacturing industry – as in other regions – was hard hit by the Covid-19 pandemic. As of July, the IPC trade association said Europe would return to pre-pandemic levels by the end of 2021. “Our expectations for growth in Europe have increased over the last month,” IPC reported. “We now expect GDP…
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Editor’s note: Europe was hit hard by the Covid-19 pandemic. As of July, the IPC trade association said Europe would return to pre-pandemic levels by the end of 2021. “Our expectations for growth in Europe have increased over the last month,” IPC reported. “We now expect GDP to expand by 4.7 percent in 2021, up…
DetailsThe emergence of the new coronavirus in late 2019 and the still-ongoing pandemic it caused led to an unprecedented global economic downturn. Virtually every nation on the globe felt its effect, but some appear to be recovering faster than others. China, where the pandemic began, has proven to be one of the more resilient nations,…
DetailsThe board of directors for the 2021 EDS Leadership Summit has announced the event has been canceled. In a message on ECIA’s website, President and CEO David Loftus wrote: In planning this year’s EDS, the number one concern has always been the health and safety of the attendees and their families. It is in that…
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