Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced the promotion of Max Chan to Chief Information Officer (CIO), reporting to MaryAnn Miller, Chief Administrative Officer. Chan has been serving as the head of global information solutions (GIS) within Avnet since November 2018. As CIO, Chan is responsible for all information technology (IT)…
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The electronics industry has always counted on the proliferation of electronics content to get it through lean economic times. IC Insights’ forecast that semiconductor content is going to drop this year is a blow to the already unsteady market. IC Insights forecasts that the 2019 global electronic systems market will grow 4 percent to $1,680…
DetailsKEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, announced today that its request to have Tantalum Polymer capacitors excluded from the Section 301 Chinese tariffs has been approved by the U.S. Trade Representative. Effective immediately, Tantalum Polymer capacitors (tantalum capacitors having a conductive polymer cathode, as further described in U.S. Harmonized Tariff…
DetailsSmith, a global distributor of electronic components and semiconductors, today announces that its European distribution center in Amsterdam has finalized the second phase of its expansion. Phase two included installation of a facility-wide HVAC system with automated temperature and humidity controls, increased physical security measures, developments to the company’s functional and counterfeit detection labs, dedicated…
DetailsIn keeping with the company’s commitment to supporting its multilayer ceramic capacitor (MLCC) customers, Vishay Intertechnology, Inc. (NYSE: VSH) today announced new reduced lead times for its MLCCs. “In response to the global MLCC shortage, our MLCC division undertook a capacity expansion project to increase production output,” said Dave Valletta, executive vice president, worldwide sales,…
DetailsDigi-Key Electronics, a global electronic components distributor, has opened a new office in Shanghai to support record growth in the company’s China market. The new office is one of two in China and will enable Digi-Key to continue to maintain a strong presence in the growing China market. Digi-Key’s new Shanghai office will house several…
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Component manufacturers have the ambition to enter foreign markets but may face difficulty establishing their brands. Tapping into an emerging market – especially a largely fragmented region with differences in language, culture and levels of business maturity – can be daunting. Should suppliers establish a direct presence, acquire a local business or partner with a…
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Although the U.S. and China have reached a cease-fire on new tariffs, the electronics supply chain remains chaotic, one executive told the Institute for Supply Management. “China tariffs and pending Mexico tariffs are wreaking havoc with supply chains and costs. The situation is crazy, driving a huge amount of work [and] costs, as well as…
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Following significant capacity investment through 2018, DRAM manufacturers plan to scale back their capex for at least this calendar year. One of the significant questions facing the IC industry in the second half of 2019 is if and when the DRAM market will rebound, according to IC Insights. Any rebound in the market will be…
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Editor’s note: As China’s labor costs increase and tariffs disrupt the supply chain, other nations are lobbying for manufacturers’ attention. Recently, a Vietnam-based manufacturer announced it could help U.S. electronics companies avoid tariffs on Chinese imports. EPSNews reached out to a number of sources for input on this topic, and heard from Maxine Gordon, Regional…
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