Covid-19 & Necessity Accelerate Supply Chain Digitization

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Covid-19 has exposed barriers to collaboration that most companies tolerate under normal circumstances. It’s fair to say the electronics supply chain currently aspires to “normal.” Even before Covid-19 hit, 92 percent of companies…

Global, smartphone, shipments

Gartner: Q1 Global Smartphone Sales Down 20.2%

Global smartphone sales to end users declined 20.2% in the first quarter of 2020, according to Gartner, Inc. The global shelter-in-place combined with the economic uncertainty brought on by the Covid-19 pandemic led to demand for smartphones collapsing as consumers stopped spending on nonessential products during the first quarter. “The coronavirus pandemic caused the global smartphone market…

Study: New Product Introductions Stalled by Covid-19

The electronics supply chain relies on new product introductions (NPI) to drive both innovation and sales. More than half (53 percent) of electronics industry product launches have been delayed or cancelled due to the coronavirus pandemic, according to a Dimensional Research study commissioned by Supplyframe. Covid-19 also has led to increased component costs, the need…

smartphone, industry, Covid-19

5 Ways Coronavirus Is Affecting the Smartphone Industry

The first quarter of 2020 has represented a historic low for the smartphone industry. While some technology sectors, like cloud services, have excelled amid the coronavirus pandemic, the mobile industry has not. As Covid-19 continues to spread throughout the globe, it’s causing substantial economic effects on smartphone companies. Counterpoint Research reports a 13% year-over-year loss…

manufacturing

Pressure Grows for U.S. Manufacturing Revival

Government initiatives aimed at reviving U.S. manufacturing were already underway when the coronavirus effectively knocked out distribution channels linking Chinese manufacturers and U.S. consumers. For example, the Defense Department’s Industrial Base Analysis and Sustainment Office has aggressively sought to secure the electronics supply chain for critical infrastructure. Meanwhile, several industrial base proposals have been floated…