The Covid-19 pandemic and oil-market volatility drove the U.S. manufacturing index back into contraction territory in March, as the Institute for Supply Management’s PMI fell to 49.1 from 50.1 the prior month. With 50.0 as the line of demarcation between contraction and growth, new orders at 42.2 percent and employment, at 43.8, are at the…
As the Covid-19 outbreak has worsened in Europe, semiconductor manufacturers have had to examine the health issues and risk factors for their workers. Most of Europe is under lockdown, paralyzing the economy and daily life of hundreds of millions of people. PSA Group, Renault, Fiat Chrysler, Volkswagen, Ferrari, among other car manufacturers, have suspended production…
With the worldwide spread of the Coronavirus COVID-19, said the ECIA, there is a need to provide visibility on how this crisis is impacting the electronic components industry and the supply chain. In order to provide this important visibility, ECIA has been conducting surveys of member manufacturing and distributor companies to gain an understanding of…
In the past several weeks, EPSNews and our sister publications at Aspencore Media have been inundated with information, resources and commentary on the coronavirus, or Covid-19. We can’t do justice to every item, so we’ve set aside a section where we can post updates, reports, commentaries and press releases. Some of the content is outside…
Editor’s note: Our colleagues in China, Taiwan and other regions in Southeast Asia continue to report, from the ground, on the coronavirus’s impact on the electronics industry. ESMChina shared the following update. At least 30 countries around the world have declared a state of emergency, according to EPSNews sister publication ESMChina, as Covid-19 continues to…
In addition to the human cost of life, IDC said the Covid-19 outbreak will impact year-over-year revenue growth in the global chip market. The Coronavirus Disease 2019 (Covid-19) is affecting China and is spreading within East Asia and into Europe and North America. In addition to the human cost of life, the impact of the…
Trade show postponements have become standard operating procedure during the Covid-19 outbreak, and rightly so. Last week’s cancellation of the Electronic Distribution Show (EDS) also qualifies as historic. The show has been around in one form or another since the 1930s and has suspended assembly only during World War II. EDS was scheduled for May…
The reality of Covid-19 has settled into the electronics supply chain as shipment delays, labor shortages and flight cancellations have upended global logistics. Although the tech industry has improved supply chain resilience, new technologies are gaining traction as the coronavirus spreads. The previous weeks have focused on Chinese supply as manufacturing slowly recovered across the…
Today the Institute for Supply Management (ISM) revealed the first-round results of a survey focused on coronavirus disease 2019 (Covid-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some…
Electronic component manufacturers (OCMs) and their OEM/EMS customers say they don’t have much visibility into their partners’ supply chains. During the coronavirus outbreak, that visibility may determine how quickly the electronics industry bounces back from a prolonged China shutdown. A survey the ECIA conducted on Feb. 7 found a majority of OCMs didn’t know how…