The semiconductor is a vital component of our technology-driven world. It is used in a multitude of products throughout industries, from advanced electronics and communication devices such as smart phones and computers to increasing complex wearables, automobiles and throughout the home. The success and profitability of this multi-billion-dollar industry is heavily dependent upon a dynamic,…
Details
Aspencore Media, the publishing house that owns EPSNews and EE Times, has launched a Special Project, “Outbreak in Wuhan,” seeking to define the global impact of the deadly virus in the electronic industry. Since the outbreak of the coronavirus, global media attention has focused on Wuhan. Knowing the region and its history helps us understand…
DetailsSmith, a global distributor of electronic components and semiconductors, today announces the appointment of Todd Burke to the position of President, Americas. Todd previously served as the Vice President of Business Development of Smith since 2016. In this role, Todd will support Smith’s five trading offices in the Americas in developing their focus on growing…
Details
The 2011 tsunami in Japan was one of the forces behind the electronics supply chain’s dedication to resilience – the ability to shift all or part of a supply chain as needed. That means people, materials, manufacturing lines, suppliers and even physical processing and aid centers. Global businesses now have entire departments dedicated to business…
DetailsArrow Electronics, Inc. (NYSE:ARW) today reported fourth-quarter 2019 sales of $7.34 billion, a decrease of 7 percent from sales of $7.92 billion in the fourth quarter of 2018. Fourth-quarter sales as adjusted decreased 5%. The company reported fourth-quarter net income of $112 million, or $1.36 per share on a diluted basis, compared with net income…
Details
U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders. The Institute for Supply Management’s PMI reached 50.9 percent, an increase of 3.1 percentage points from the seasonally adjusted December reading of 47.8 percent. The improvement in the PMI likely reflects ebbing trade tensions between the…
Details
Global technology companies have made employees their priority as the deadly coronavirus spreads across the Chinese mainland and beyond. Late Thursday afternoon, the World Health Organization (WHO) declared the virus a global public health emergency. Apple has restricted employee travel and closed several stores. Avnet has asked employees to work from home. Peugeot and Citroen…
Details
The global semiconductor market is expected to rebound this year by as much as 7.9 percent, but the ghosts of 2019 haven’t vanished. Tariffs still impact more than $350 billion worth of imported Chinese goods — including the chips and passives that are staples of electronic systems — and economic indicators are suppressing spending. “Brexit,…
DetailsFlip Electronics, a leading global supplier of electronic and electromechanical components, is pleased to announce the addition of Kris Krohn to our executive management team, fulfilling the new role as Executive Vice President of OEM/EMS Sales. As part of the leadership team, Kris will drive the expansion of Flip’s growing OEM/EMS customer base. The growth…
DetailsFlex Power Modules has signed a partnership agreement with Digi-Key Electronics, a global electronics components distributor, to open a new sales channel expanding its global footprint and accelerating customer order fulfilment. All Flex Power Modules products will be listed on Digi-Key’s website and available for purchase, with many held in stock for immediate same-day dispatch.…
Details