Change in operations and adjustment of competence to meet technology shifts, new customer groups and a continued increased proportion of software development. Ericsson intends to reduce 3,000 positions in production, research and development (R&D) and sales and administration – combination of voluntary and forced reductions as well as other measures such as outsourcing. Ericsson…
DetailsAttention procurement and supply chain professionals: in today’s business environment, you have the opportunity to influence the most business-critical issues our organizations face today, and senior management is listening! In fact, according to CAPS research, 82 percent of Fortune 500 CPOs surveyed have direct access to their CEOs, up from 60 percent in 1999. But,…
DetailsThe Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $28.0 billion for the month of August 2016, an increase of 3.5 percent compared to the previous month’s total of $27.1 billion and an uptick of 0.5 percent over the August 2015 total of $27.9 billion. August marked the market’s largest month-to-month…
DetailsA new Juniper Research study has found that hardware revenues from VR (Virtual Reality) headsets, peripherals and 360º cameras will reach over $50 billion by 2021, up tenfold from an estimated $5 billion in sales this year. This rapid growth will arise from a widespread adoption of VR by smartphone users, and the high unit prices commanded by headsets for PCs…
DetailsIrvine, Calif. – Netlist, Inc. (NASDAQ: NLST), today announced the United States International Trade Commission (ITC) has instituted an investigation of the unfair trade practices of SK hynix related to its importation, sale for importation, and/or sale after importation of RDIMM and LRDIMM enterprise memory products. The ITC will determine over the course of the…
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Driven in large part by new orders, the U.S. manufacturing industry bounced back from a contraction in August to return to growth in September. The Institute for Supply Management’s leading production index, the PMI, increased by 2.1 percent from August to reach 51.5 percent in September, signaling the 88th consecutive month of growth for the…
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The economic outlook is rosy and procurement and supply chain are continuing to rise in importance in many manufacturing organizations, according to the Purchasing and Manufacturing Survey from manufacturing buying group Prime Advantage. “From our first glance at the survey result, we saw good news and plenty of positive results,” Mike McDonald, vice president, business…
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It's never the news you want to hear: A well-known cargo shipping company, maybe one you use, has filed for bankruptcy, just weeks before the Christmas shipments need to go out. Photo courtesy: Pixabay That was the news that broke a few weeks ago, and the stress that comes with tracking products mid-route, dealing with…
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Samsung Electronic Inc.’s fix for its Galaxy Note 7 battery problem came too late for many folks. Too late, for those hurt by the phone’s exploding battery. Too late for those who chose competing handsets as replacement once news began spreading about the defective battery. It also came too late for many loyalists disappointed by…
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In modern times, the flip chip market has seen a lot of new advancements and innovations. Flip chips are used in a wide array of industries such as electronics, automotive & transport, IT & telecommunication, and healthcare. The electronic industry has witnessed a surge in the demand for flip chips as smartphones and tablets are…
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