DRAM & NAND Dominate 2020 IC Market

The IC market has demonstrated “remarkable resilience” in the face of a pandemic-driven global economic downturn, reports IC Insights, with 21 of 33 IC product categories experiencing positive growth. Coming as no surprise, each of the top-five IC product categories in terms of sales all have ties to computing or communication applications. With estimated sales…

The Electronics Supply Chain Faces Ongoing Challenges

The electronics supply chain faces more challenges than usual, so companies are reassessing all aspects of their business to maintain resilience. Supply chain partners can reduce these difficulties through strategic planning. Here are some of the most pressing challenges, and some remedies. The Covid-19 pandemic As the world grappled with the Covid-19 pandemic, the electronics…

ECIA, Industry, Reopening

ECIA Survey Identifies Best Reopening Practices

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…

Global, smartphone, shipments

Gartner: Q1 Global Smartphone Sales Down 20.2%

Global smartphone sales to end users declined 20.2% in the first quarter of 2020, according to Gartner, Inc. The global shelter-in-place combined with the economic uncertainty brought on by the Covid-19 pandemic led to demand for smartphones collapsing as consumers stopped spending on nonessential products during the first quarter. “The coronavirus pandemic caused the global smartphone market…

chip, forecast, slash, Covid-19

Chip Forecasts Slashed Amid Pandemic’s Grip

Grim global semiconductor forecasts agree on a pandemic-driven market contraction, with the only variable being how steep and for how long chip demand and revenues will decline. As the unrelenting spread of the novel coronavirus and the resulting lockdown slow consumption and hobble global supply chains, forecasters continue to slash their growth forecasts across market sectors and applications. Demand…