Tech Leads August U.S. Manufacturing Expansion

U.S. manufacturing powered through supply chain constraints in August to maintain a 15-month streak of expansion. New order and production levels underlined sustained demand while factories continued to struggle to find components, materials and workers. Tech companies led growth in August despite semiconductor and other supply shortages. The Institute for Supply Management’s PMI increased 0.4…

Digi-Key, products, shipment

Digi-Key Marketplace Goes ‘Beyond the Board’

Customers of electronics component distributor Digi-Key, which specializes in design and engineering orders, have told the business over the years they’d like to buy more products from Digi-Key. The company has responded. The distributor most recently launched the Digi-Key Marketplace, which significantly expands its product scope into automation and control, IoT, test and measurement, bare…

Kemet, Yageo, merger, IP&E

Yageo-Kemet Builds $3 Billion IP&E Powerhouse

Yageo Corp.’s $1.8 billion acquisition of Kemet Corp. will unite two leading component makers into a $3 billion powerhouse in the interconnect, passives and electromechanical (IP&E) market. The move will expand both companies’ global footprint, market penetration and product portfolios. “Together with Yageo, we will have an enhanced global footprint and be better able to…

TE Adds Online Store as Part of its Digital Strategy

TE Connectivity, one of the largest and most diverse manufacturers of connectors, sensors and passive components, has expanded its purchasing, pricing, availability and delivery offerings via its TE Store. Although similar services are offered by TE distributors, TE’s chief eBusiness and digital officer Nitin Mathur said there is a large population of global users that…

double ordering

Double Ordering of Electronic Components Hits ‘All-Time High’

Although the electronics supply chain has been dancing around the issue of double ordering for several quarters, a recent Morgan Stanley report finds there’s been a “significant uptick” in double ordering that has extended component lead times even further. Evidence of double ordering also has analysts questioning the sustainability of the current component-demand upcycle. “To…

TTI Stocks FCT Product Portfolio

FCT’s broad product portfolio including a range of connectors, contacts, hoods, tools and more is available in Europe through TTI, Inc., a world leading specialist distributor of electronic components. A Molex company, FCT’s products also encompasses customised solutions meeting individual needs and providing design flexibility. FCT’s product range comprises of steel, brass (non-magnetic) and stainless-steel…