Supplier realignment always causes stress in the electronics supply chain — but the past six weeks has moved the needle to “anxiety.” In early October, chip maker Texas Instruments announced it was dropping six of its distributors — including Avnet Inc., WPG and WT Microelectronics — by the end of 2020. Within the past week…
Yageo Corp.’s $1.8 billion acquisition of Kemet Corp. will unite two leading component makers into a $3 billion powerhouse in the interconnect, passives and electromechanical (IP&E) market. The move will expand both companies’ global footprint, market penetration and product portfolios. “Together with Yageo, we will have an enhanced global footprint and be better able to…
Yageo Corp. and Kemet Corp. today announced that they have entered into a definitive agreement under which Yageo will acquire all the outstanding shares of Kemet’s common stock for US$27.20 per share in an all-cash transaction valued at US $1.8 billion, including the assumption of net debt. The move will combine two powers in the…
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…
KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, announced today that its request to have Tantalum Polymer capacitors excluded from the Section 301 Chinese tariffs has been approved by the U.S. Trade Representative. Effective immediately, Tantalum Polymer capacitors (tantalum capacitors having a conductive polymer cathode, as further described in U.S. Harmonized Tariff…
KEMET Corporation (“KEMET” or the “Company”) (NYSE: KEM), a leading global supplier of passive electronic components, today announced that William M. Lowe, Jr., who has served as Executive Vice President and Chief Financial Officer of the Company since 2008, has been appointed Chief Executive Officer and a member of the Company’s Board of Directors, effective…
As the electronics industry plows through calendar Q4, murmurs of uncertainty around 2019 are surfacing. Analysts say there’s a possibility that demand for electronic components will cool in 2019, and tariffs continue to fuel uncertainty throughout the electronics supply chain. “Semiconductor memory ASPs are going to fall. Semiconductor sales are going to decline. The U.S…
Editor’s note: The most ubiquitous components in any electronics design – interconnects, passives and electromechanical (IP&E) devices – are in the midst of an unprecedented supply shortage. What distinguishes this scarcity from others is the broad base of markets that are desperate for IP&E. OEMs are facing idle production lines while they wait for devices…
Electronics component shortages are now so severe that some OEMs believe their growth for 2018 could be stymied if they are unable to get parts. “We have not missed deliveries yet, but we are on the edge,” said George Whittier, COO at manufacturing and engineering services provider The Morey Corp. “Shutting down one of our…
Now available in Europe through TTI, Inc., a world leading specialist distributor of electronic components, are ALS70 and ALS80 series high CV screw terminal electrolytic capacitors from KEMET. The products are ideal for use in frequency converters, uninterruptible power supplies (UPS) and switch mode power supplies (SMPS) in challenging electrical and environmental applications including rail. The…