Farnell, the Development Distributor, has strengthened its product organization with appointments into two key roles on its Leadership Team. Lee Turner has been appointed as Global Head of Semiconductors & Single Board Computers and Simon Meadmore has been appointed as Global Head of IP&E (Inter-connect, Passives and Electro-mechanical). Both Lee and Simon will report to…
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The midpoint of the year not only brings new challenges and opportunities, but also provides the chance to reflect and plan for the months ahead. The fast-approaching servitization-centered economy, where companies will no longer sell just products, instead owning the responsibility for the business outcome those products deliver, will encourage a shift to subscription-based businesses…
DetailsThe demand for flexible electronics is rising at a fast pace. Experts predict a momentous growth for the market, especially on account of the rising applications in consumer electronics, military and defense, automotive, biometrics, and other industries. The fledgling flexible electronics market is expected gain considerably from the recent advancements in the wearable technology. Growth…
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U.S. factory activity declined for the fourth straight month in July as weakening demand and ongoing trade anxiety weighed on manufacturers. The nation’s leading factory index, the PMI, fell to its lowest point since 2016, dropping by 0.5 percent to a level of 51.2. “This is the fourth straight month of PMI decline without any…
DetailsGlobal electronic components distributor New Yorker Electronics has partnered with VVDN Technologies, an end-to-end Embedded Product Engineering, Cloud and ODM services company on a franchise products and services agreement. The agreement unites New Yorker Electronics’ extensive market knowledge in embedded space with VVDN’s unique offering of complete design, cloud and manufacturing services. This creates an…
DetailsMouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, announces a global distribution agreement with Formerica Optoelectronics, a pioneer and leading provider of optical interconnect solutions. Using innovative technologies that offer higher energy efficiency, greater reliability, and superior performance, the Formerica portfolio consists of a broad range of optical transceivers,…
DetailsArrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2019 sales of $7.34 billion, a decrease of 1 percent from sales of $7.39 billion in the second quarter of 2018. Second-quarter sales, as adjusted, increased 2 percent year over year. The company reported a second-quarter net loss of $549 million, or $(6.48) per share on a diluted…
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Despite a 38 percent sales decline expected this year, the DRAM market is forecast to remain the largest of all IC product categories in 2019 with sales reaching $62.0 billion, down from $99.4 billion in 2018. IC Insights believes the DRAM market will account for 17 percent of total IC sales in 2019. By comparison,…
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Businesses increasingly rely on third-party vendors and contractors to supplement their workforce, expand their capabilities and serve customers. The benefits a company realizes as a result of leveraging a range of third-party vendors are undeniable, yet doing so doesn’t come without risk. If payments, agreements and approvals aren’t properly managed, the business can be at…
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Editor’s note: This is one of two articles focusing on strategies that mitigate the impact of tariffs on imported goods. Tax and business advisory firm KPMG identified seven successful tactics in its webinar TradeWatch: Section 301 Tariffs; What we’ve Learned in Year One. This article covers recommendations one through three. Tariffs, according to leading tax…
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