If you’re concerned about tariffs and the ongoing trade war with China, you’re not alone. Almost every U.S. OEM is feeling the same pressure, wondering if China is a viable manufacturing location for the future, while stressing over how to quickly select and qualify new suppliers in the U.S. and still get competitive pricing. That’s…
The two-day closure of Hong Kong International Airport (HKIA) had not impacted air cargo as of late Tuesday, although future delays appear inevitable. Given the volume of freight that passes through the airport — 5.1 million metric tons in 2018—any disruption of air traffic can hinder cargo departures. Air freight carriers, including Cathay Pacific, FedEx,…
Editor’s note: This is one of two articles focusing on strategies that mitigate the impact of tariffs on imported goods. Tax and business advisory firm KPMG identified seven successful tactics in its webinar TradeWatch: Section 301 Tariffs; What we’ve Learned in Year One. This article covers recommendations one through three. Tariffs, according to leading tax…
The global electronics manufacturing services (EMS) industry increased its revenue by 15 percent in 2018, according to New Venture Research’s (NVR) annual EMS report, to reach nearly $542 billion. Combined EMS and original design manufacturer (ODM) revenue grew by $70.7 billion in 2018. Revenue growth from 2013 to 2016 had been flat, according to The…
Editor’s Note: This is the second of two articles examining the impact of tariffs — positive and negative–on the electronics industry. For political pundits, the United States government’s tariff strategy is about political leverage. For electronics OEMs, however, tariffs are about business. “As a United States patron, I look at it through the lens of…
Component shortages always prompt OEMs and EMS providers to seek alternative sources. Periods of scarcity also exacerbate the flow of counterfeit devices into the electronics supply chain. The extent of this problem remains an unknown as incidents of counterfeits are under-reported. But there are estimates: The counterfeit semiconductor market has reached $75 billion according to Industry…
Editor’s Note: After perhaps a decade in research labs and drawing boards, 5G is on the verge of deployment. Indeed, early deployments of the technology are coming online now. You can tell because the marketers have sunk their teeth in and started promoting it. With 5G moving out of the lab, the team at Aspencore…
The North American electronics manufacturing services (EMS) industry has an $81 billion served available market with great potential for further growth, according to IPC’s 2018 Annual Report and Forecast for the North American EMS Industry, published this week. An analysis of the market indicates that the North American EMS industry has penetrated only about 28…
New Venture Research (NVR) announces the publication of its annual electronics manufacturing services report titled, “The Worldwide Electronics Manufacturing Services Market – 2018 Edition.” In 2017, the worldwide contract manufacturing (CM) services market increased significantly by 10.8 percent in total revenue, resulting in combined EMS and ODM revenue of $471 billion. Over the last four…
Celestica, Inc. (NYSE:CLS) (TSX:CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that it has entered into a definitive agreement to acquire Atrenne Integrated Solutions, Inc. Atrenne is a leading designer and manufacturer of ruggedized electromechanical solutions serving multiple markets, primarily for military and commercial aerospace…