San Jose, Calif.–GigOptix, Inc. (NYSE MKT:GIG), a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, today announced that it has signed Avnet, a leading global technology distributor, as its distributor for all GigOptix product lines sales in China. “Avnet’s comprehensive portfolio of products and…
ZTE Corp. was the primary target but a decision by the U.S. Department of Commerce restricting the sale of electronics components to the Chinese telecommunications equipment manufacturer is reverberating throughout the industry. Executives at component suppliers, distributors and OEMs said they are monitoring the situation and have implemented further supply chain vetting actions to avoid…
China is carving out a bigger role for itself in the semiconductor industry and has lined up a huge war chest to fund acquisitions in the sector. Based on its rising chip consumption profile and an aggressive political strategy, observers believe China will eventually become a major force in the sector despite Western opposition over…
When ZeeVee Inc. was founded in 2007, its principals knew exactly where it would manufacture: China. A significant number of OEMs and electronics manufacturing services (EMS) providers had spent the prior decade moving manufacturing facilities there, so ZeeVee decided to follow best practices at that time. Today, ZeeVee, a manufacturer of video and signal distribution…
The uncertain global economy will continue to have a dampening effect on the semiconductor market, according to two leading analyst firms. While the chip industry had been able to outperform the overall electronics market for decades, chip makers have had to grow accustomed to a more sedate pace of growth. IC Insights and Future Horizons both have forecast…
Although the pace of U.S. reshoring decelerated in 2015, one manufacturing expert says the trend is far from standing still. A recent report released by consultancy A.T. Kearney concluded that the U.S. reshoring train “has yet to leave the station.” The Reshoring Initiative (www.ReshoreNow) disagrees. “Repeated surveys by Boston Consulting Group, Plastics News/Nexant, Alix Partners…
The trend known as reshoring remains controversial, depending on how success is measured. Many companies have been persuaded by incentives to not move offshore, and several large electronics manufacturers, including Apple Inc., have opened factories within the U.S. But when compared with the number of companies moving to other regions, reshoring comes up short. In 2015,…
There’s much to be said about the spate of consolidations this year, to be sure, as EPS’ Bolaji Ojo recently discussed; there are real industry changes afoot. Certainly, much of the transactional strategies have to do with the views into new market positions, and the opportunities to scale and refine oligopolies — among other competitive…
Thanks in part to Apple, low-temperature polysilicon (LTPS) TFT LCDs are now hot. LTPS TFT LCD shipments in September outpaced other contenders toward the end of Q3, according to IHS Inc. (NYSE: IHS). Demand for LTPS TFT LCDs rose 30 percent in September to reach 51.6 million units, due to strong demand from Apple and Chinese brands.…
All Lindsley Ruth has to do now is introduce his new executive team at Electrocomponents plc to the global electronics industry and the investment community. Ruth plans to do this on Nov. 19, thereby wrapping up the first phase of a set of tasks he assigned himself on taking over as Group CEO of the…