In 2019, the worldwide contract manufacturing (CM) services market increased nominally — by 2.5 percent in total revenue — resulting in combined EMS and ODM revenue of over $555 billion, an expansion of $13 billion from the previous year, according to New Venture Research. The Worldwide Electronics Manufacturing Services Market – 2020 Edition reports revenue…
No one would have imagined that the year 2020 would completely reshape how nearly every industry operates. From public transportation to food service and hospitality sectors, the social and economic impact of Covid-19, also known as the coronavirus, has been swift and unapologetic. Organizations that have felt the adverse side effects of coronavirus more than…
Kemet Corp., on June 15, announced the completion of its $1.6 billion acquisition by Taiwan’s Yageo Corp. In accordance with the terms of the agreement, Yageo has acquired all of the outstanding shares of Kemet’s common stock for US $27.20 per share in an all-cash transaction. As a result of the deal, Kemet is now…
For the moment, at least, it seems as though the course of the Covid-19 contagion is winding down. Even where its spread seems to be contained, the prospect of a second wave is very much on the minds of both public officials and private business leaders. So how does an organization plan ahead and position…
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…
The global pandemic and shift to remote work continues to make its impact around the world. According to the Institute for Supply Management®, 75 percent of companies report supply chain disruptions and more than 80 percent believe that their organization will experience impact because of COVID-19 disruptions. However, there are ways procurement teams can mitigate…
The Asia-Pacific region — now an epicenter of electronics — is at widely varying points on its journey through the COVID-19 pandemic. China is broadly beginning to restart its operations amid recovering domestic demand, while other geographies, such as Southeast Asia, Japan, and South Korea, are still tackling cases and under a range of control…
In its latest survey of ECIA members across the electronics component supply chain, ECIA found renewed optimism for industry sales in June compared to May 2020. Based on a detailed monthly survey, ECIA has developed a top-level index showing relative estimates for electronic component sales in the current month compared to the prior month and…
Six semiconductor companies expect an increase in their 2Q 2020 sales, IC Insights reports, while 15 companies anticipate flat or declining sales. The research firm compiled a list of chip companies that have provided 2Q20 sales guidance. The list included companies from across all geographic regions and all product categories. Because of uncertainty regarding the…
For the last 10 years, e-commerce has been increasing worldwide by approximately 20 percent each year. While it’s too early to forecast e-commerce growth for 2020, with Covid-19 restrictions prohibiting brick-and-mortar retail, online shopping is experiencing significant growth and could be poised to exceed the 20 percent figure. In fact, retail platforms globally experienced a…