Covid-19, components, shipments

Component Makers Don’t Expect a Q2 Recovery From Covid-19

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…

ECIA Issues China Tariff Removal Guidance Document to Members

The ECIA Board of Directors and Council leaders assigned the GIPC (Global Industry Practices Committee) to anticipate the unwinding/untangling of inventory issues inflicted through the tariffs by identifying a checklist of areas and issues for consideration when tariffs are removed. Since the implementation of the China Tariff List 301 in July 2018 the electronic components…

manufacturing, index

Manufacturing Index Contracts for Third Straight Month

U.S. factory activity contracted for the third straight month in October as trade issues, the GM strike and global economic uncertainty plagued the market. The Institute for Supply Management’s manufacturing index registered 48.3 last month, up slightly from a 10-year low of 47.8 in September. New orders, employment and inventories all rose from September but…