It would be hard to overstate the impact of the Covid-19 pandemic on organizations of practically every type. Industries that were prospering until last year are in bankruptcy now. Customer demand for a wide range of consumer goods has abruptly shifted. Countless public institutions and nonprofit organizations which had been viable until the beginning of…
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 semiconductor is a vital component of our technology-driven world. It is used in a multitude of products throughout industries, from advanced electronics and communication devices such as smart phones and computers to increasing complex wearables, automobiles and throughout the home. The success and profitability of this multi-billion-dollar industry is heavily dependent upon a dynamic,…
Sixty percent of companies make offshore-sourcing decisions based on rudimentary metrics, such as wage rate, ex-works price or landed cost, often resulting in a 15 to 30 percent understatement of actual offshoring costs. Inclusion of all relevant factors—overhead, balance sheet, risks, corporate strategy and other external and internal business considerations—provides a better determination of the…
Stuttgart, Germany – Bosch aims to lead the mass market for electromobility that will emerge after 2020. In this endeavor, it is relying on its systems expertise and the development and manufacture of key components of the electrical powertrain, such as the electric motor, power electronics, and battery systems. The company will continue to…
The electronics distribution industry is at an inflection point. Not since the 1990s has there been so much change within both the channel and its supplier base. During that decade, globalization, the internet and M&A changed the face of the supply chain. The same forces are at play now, but the results have been very different.…
The electronics distribution industry is at an inflection point. Not since the 1990s has there been so much change within both the channel and its supplier base. During that decade, globalization, the internet and M&A changed the face of the supply chain. The same forces are at play now, but the results have been very different.…
China is no longer a destination for offshoring — it is becoming more of an an outsourcing economy in its own right. Because certain TFT LCD panels were scarce in 2014, according to IHS, top TV brands turned to TV subcontract manufacturers in China. BOE and TCL were chosen for their semi-set outsourcing and original…
Just last month, the U.S. manufacturing industry increased its employment even though a number of other growth indices decelerated. In its Semi-Annual Economic Forecast, the Institute of Supply Management reported that hiring skilled workers remains a challenge for the domestic manufacturing base. Yet a high-tech hiring program regulated by the U.S. government is raising the…
As electronics component sales and service organizations, distributors assist customers in a variety of ways. Master Electronics of Santa Monica, CA, prefers to call its role “problem-solving.” “We will do anything at this company that makes business sense for ourselves and the customer,” says Riad Nizam, vice president of sales for Master Electronics. “If you…