Optimism in the electronics market is surging, according to ECIA, bolstering data from a national manufacturing index that reached a 37-year high in March. The ECIA’s Electronic Component Sales Trend (ECST) monthly survey, which assesses month-to-month sales growth sentiment, leapt up between 26 and 27 points in component and end-market measures from February to March.…
A perfect storm of events have converged to create the semiconductor shortage of 2021. High-level collaboration across the electronics supply chain could make the deficit less painful, experts say. Shortages often prompt less-than-optimum purchasing behaviors. Competitive bidding for inventory drives prices up. Exceptions to approved vendor lists become common. And double-ordering – where purchase orders…
The burgeoning semiconductor shortage of 2021 hit chipmakers “like a ton of bricks,” according to one distributor. Of course, that’s not the phrase semiconductor suppliers would use. But the supply chain is in the midst of a perfect storm. A convergence of events is creating what’s expected to be a shortage of CPUs, MPUs, memory,…
On December 31, Texas Instruments Inc. and Avnet Inc. formally end their 40-year distribution relationship. Avnet’s success in replacing that business – estimated at 10 percent of Avnet’s sales — will be evident in the future, said Phil Gallagher, who was named Avnet’s CEO on November 23. Avnet’s fiscal 2020 sales reached $17.6 billion. TI…
The idea that the electronics industry would close the year on a high note seemed absurd 9 months ago. But like the manufacturing sector writ large, the supply chain has bounced back from the worst of coronavirus pandemic. “In spite of serious concerns about both supply and demand impacts in the early stages of the…
The global coronavirus has upended many of the metrics used to forecast supply, demand, economic activity and financial stability. Two electronics associations – the IPC and ECIA – report electronics markets are recovering, but forward momentum is decelerating. “The economy improved over the last month, but it is clear that momentum is slowing and future…
In spite of Covid-19 case numbers rising in the U.S., optimism in the electronics and manufacturing industries is improving. ECIA’s latest supply chain survey on the impact of the virus points to lessening concern over component supply. Additionally, the U.S. manufacturing index has increased for 3 consecutive months. Developments over the past month on Main…
As the coronavirus/Covid-19 pandemic continues to impact the electronics components supply chain, the most recent data from ECIA’s survey of manufacturers and distributors yields a picture of modest overall improvement and stabilizing results, according to Dale Ford, ECIA’s Chief Analyst. The results reflect the hopeful economic uncertainty that still exists even as many states have…
The following was distributed to ECIA conference staff, vendors, sponsors and attendees late last week by association President and CEO David Loftus: We look forward to connecting with our members every year at the Executive Conference, especially this year in light of the cancellation of EDS. We have spent the past couple months in negotiations…
As pandemic restrictions begin to transition toward a less restrictive environment, business managers across the country are planning and implementing their reopening strategies. Lessons have been learned through this crisis that will influence both near- and long-term plans and operating procedures. Looking at the state of the electronics components supply chain and the need to…