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…
The nation’s leading manufacturing index surged to a 14-month high in June, rebounding by 9.5 percent into expansion territory. The Institute for Supply Management’s PMI reached 52.6 percent last month from a level of 31.8 percent in May. “As predicted, the growth cycle has returned after three straight months of Covid-19 disruptions,” said Tim Fiore,…
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…
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…
Earlier this month, Renesas Electronics Corp. consolidated its distribution channel in Asia-Pacific, China and Taiwan. The semiconductor company terminated its relationship with global distributor WPI Group and added regional distributor WT Microelectronics. The move is notable as late last year World Peace Group (WPG), WPI’s parent, made a controversial bid to acquire a 30 percent…
A supply chain practice called design registration has dogged the electronics channel for decades. Distributors support their component suppliers by getting their parts designed in to an OEM end-product. In order to be compensated for that effort, distributors must “register” that design with the supplier. Once the OEM device reaches production, the distributor may receive…
A new front has opened in efforts to revive U.S. chip manufacturing as lawmakers propose billions of dollars in spending and tax incentives to promote technology innovation across the entire semiconductor ecosystem — from post-Moore’s Law basic research to advanced chip packaging. While the Trump Administration seeks to block China’s access to U.S. chip making…
Three electronics brands — Apple, FitBit and Tile—are among companies that plan to move some or all of their production out of China, according to Coresight Research. The trend isn’t new, but a recent survey found consumers are souring on Chinese-made goods. Among U.S. shoppers, 47.8 percent said American retailers should source fewer products from…
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…
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…