Having the right procurement and supply chain talent on board has become a strategic imperative for electronics OEMs and universities are stepping up to the plate. In addition to creating and revamping curriculum, these schools are actively wooing students and helping them find their place in corporate America as chief supply chain officers (CSCOs) and…
Demonstrating its continued expertise in developing and managing strategic, value-enhancing supply chain solutions, Avnet (Nasdaq: AVT), a leading global technology company, has been recognized by research and advisory firm Gartner, Inc. as a high-tech supply chain organization. Avnet believes its unique ability to deliver rapidly scalable, globally available and customized supply chain solutions is why the…
Posting the highest year-over-year growth in 14 years, the global semiconductor industry grew 21.7 percent in 2017, reaching $429.1 billion, according to IHS Markit. Another milestone was Samsung toppling Intel as the market leader for the first time in 25 years. Samsung reported 53.6 percent growth in 2017, thanks to rising prices and tight supply of…
Samsung Electronics and Apple Inc. boosted their semiconductor spend in 2017, extending their lead as the top two semiconductor buyers in 2017, according to Gartner Inc.’s latest spending report. Together, the companies account for 19.5 percent of the total global market, spending $81.8 billion on semiconductors last year. This is up from more than $20…
Although the value of mergers between semiconductor companies declined in 2017, the two-dozen deals that were consummated last year will have a long-term impact on the supply chain. As chip companies merge, overlapping product lines are often discontinued and the vendor base available to purchasing organizations is decreased by one. Combined with an uptick in…
Two weeks into the new year, Gartner Inc. has doubled its 2018 semiconductor revenue forecast to 7.5 percent, propelling the global chip market to $451 billion. This might only be a preview of what’s in store for the components industry as other devices, such as interconnect, passive and electromechanical components, are “pulled” through the supply…
Samsung Electronics, the largest memory device supplier, has toppled Intel from its No. 1 position in the global semiconductor industry thanks to undersupply and higher prices in the memory market in 2017, according to Gartner Inc. However, it will be tough for Samsung to retain its leading position as industry analysts forecast possible oversupply of…
The global semiconductor market is forecast to reach $411.1 billion in 2017, an increase of 19.7 percent from 2016, according to Gartner, Inc. This is up from the market research firm’s previous revenue forecast of $401.4 billion. Analysts attribute growth to the memory device segment, which has been marked by price hikes and tight supply…
Industry analysts agree the semiconductor industry achieved one of its best second quarters in revenue growth, driven by the booming memory device market. The DRAM market, in particular, is expected to reach record growth levels in 2017. The semiconductor industry posted 6.1 percent growth compared to the previous quarter, reaching near record growth in the…
New technologies like the internet of things (IoT), big data, and social learning platforms have the power to transform the supply chain to make them more efficient, leading to competitive advantages across industries. Market research firm Gartner Inc. is betting these technologies will help to further digitize the supply chain over the next five years. In…