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…
It’s the time for finalizing annual corporate budgets but in general the planning for 2016 has been fraught with risks because of uncertainties about the global economy, poor demand visibility, geo-political conflicts in many parts of the world, currency challenges and other problems, many of them beyond the control of electronics executives. The Organization for…
Western Digital® Corp. (NASDAQ: WDC) and Unisplendour Corporation Limited (Unis) (SZSE: 000938) today announced an agreement to form a joint venture to market and sell Western Digital’s current data center storage systems in China and to develop data center storage solutions for the Chinese market in the future. The joint venture will be owned 51% by Unis…
The trifecta of a strong dollar, low oil prices and concerns about China continued to dog the U.S. manufacturing market in October. The domestic industry’s leading index, the Institute for Supply Management’s PMI, moved uncomfortably close to 50 — the dividing line between growth and contraction. The PMI in October measured 50.1 percent, down from…
Purchasing conditions continue to whipsaw in the electronics industry but OEMs and contractors remain on top of the food chain, benefitting from weak pricing and easy availability of supplies amidst heavy discounting by harried vendors. However, OEMs, too, are stressed with uncertain demand, the stronger dollar, a potential hike in U.S. interest rates and conflicting…
Arrow Electronics Inc. struggled like the rest of the electronics industry in the world’s biggest economic regions in the third quarter, pounded by continuing weakness in China and a pullback in the U.S., but the distributor shone brightly in Europe. On the continent, it reaped the gains of recent investments and strategic sales initiatives that…
The Tsinghua Group paid a hefty 33 percent premium for a minority stake in Western Digital Corp. recently but the Chinese company appears to be getting two deals for the price of one. It may have also found a way around the stiff opposition the Chinese have repeatedly encountered each time they tried to purchase…
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced the set-up of its second factory in Wuxi, on the occasion of its 20th anniversary of operation in China. The new factory is scheduled for rollout at the end of 2016. It comprises a total investment of nearly USD 300 million, engaging an area of…
The nation’s leading production index fell for the third consecutive month in September, reflecting ongoing uncertainty across manufacturing industries about the global economy. The Institute for Supply Management’s PMI declined to 50.2 percent in September, its lowest point since December of 2012. The PMI is hovering just above the point of contraction: a reading above…