Ocean rates out of Asia were overall stable this week, though prices to the US West Coast decreased 3%, and are now nearly 60% lower than this time last year when rates began their extreme peak season spike. But the significant drop in ocean rates over the last two months is one of several conflicting…
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In today’s logistics industry, last-mile delivery matters more than arguably any other stage. Last-mile delivery vehicles need the equipment and technology to keep up with increasingly fast-paced delivery standards. Customers expect orders to be delivered in less than a week with detailed tracking every step of the way. The last mile is key to accomplishing…
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American chip companies spent more than half of the industry’s total investment in research and development (R&D) in 2021, according to IC Insights. Despite political and national security concerns about U.S. domestic semiconductor production, about 56% of global R&D spent in 2021 was by companies headquartered in the Americas region—essentially all of them in the…
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Despite two years of component shortages and hopelessly snarled logistics, the global electronics manufacturing services (EMS and ODM) industry grew 14.8 percent in 2021 to reach a new revenue record of $683 billion, according to New Venture Research’s annual study. Growth for the original device manufacturing industry was quite a bit higher than for the…
DetailsLittelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the completion of its acquisition of C&K Switches (“C&K”). C&K is a leading designer and manufacturer of high-performance electromechanical switches and interconnect solutions with a strong global presence across a broad range of end markets, including industrial, transportation, aerospace, and…
DetailsIntel is getting ready to increase the prices of its CPUs and chips. Nikkei reports that the chip maker will raise prices on its flagship CPUs and a wide range of other chips later this year, including Wi-Fi and other connectivity chips. Intel has already informed its customers of the price increases, and it will likely lead to…
DetailsNewark, an Avnet company and global distributor of electronic components, products and solutions, has today announced the launch of the annual Global Women in Engineering Survey in partnership with the element14 Community. The survey is an opportunity for professional women in engineering to share their insights and experiences, shedding light on career development as well…
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The costs of redesigning a product because a component is unavailable can be substantial
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Microsoft and Procter & Gamble announced a major new collaboration effort that will advance P&G’s digital manufacturing capabilities
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Order cancellations are good news for chip-starved industries that will be able to get their hands on devices sooner rather than later
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