MCU Sales to Reach Record Highs Through 2022

The market for microcontrollers (MCUs) —the IC industry’s original system-on-chip (SoC) product category—is expected to continue hitting record-high annual revenues through 2022 after worldwide sales dropped 6 percent in 2016 because of a slowdown in MCU unit shipments. After drawing down MCU inventories in 2016, systems manufacturers stepped up purchases of microcontrollers in 2017 with unit…

Electrocomponents FY 2018 Sales up 12.8%

Strong results and new initiatives to drive future growth and profitability Highlights 2018 2017 Change  Like-for-like change1 Revenue £1,705.3m £1,511.7m 12.8% 12.8% Adjusted2 operating profit £177.1m £133.2m 33.0% 28.1% Adjusted2 operating profit margin 10.4% 8.8% 1.6 pts 1.4 pts Adjusted2 profit before tax3 £173.1m £128.0m 35.2% 30.0% Adjusted2 earnings per share 28.4p 21.0p 35.2% 29.7% Adjusted2 free cash flow £105.1m…

Purchasing Execs on 2018: ‘Steady as She Grows’

Even as a pro-business tax reform bill awaits its fate, U.S. manufacturers are investing toward growth. Capital expenditures by U.S. factories outpaced expectations in 2017 and will increase further next year. U.S. manufacturers experienced 11 straight months of growth from January through November, driving the nation’s 2017 purchasing index to 57.4 percent from 51.5 last year.…

Purchasing Execs Bullish on 2017

Purchasing and supply management executives expect they’ll be buying more from their suppliers next year as the U.S. economy continues the recovery that began in 2009. More than two-thirds – 67 percent — of manufacturing respondents to the Institute for Supply Management’s (ISM) Semiannual Economic Forecast expect their 2017 revenue will exceed 2016’s. The ISM’s…

Purchasing Survey: SMBs Bullish on 2017

U.S. small-and-midsized manufacturers expect to end 2016 with increased revenue, moderate capex investments and more employees, according to the PrimeAdvantage 2016 annual Purchasing and Manufacturing survey. Overall, data points to strong and sustainable growth for the broader U.S. and North American economies. Strength in mid-market manufacturing is yielding continued R&D investments for the high-tech sector,…

U.S. Manufacturers: 4.1% Growth Forecast in 2016

The domestic manufacturing industry—which appears to be ending 2015 on a sour note – expects moderate growth in 2016. The U.S. manufacturing base in November contracted for the first time in three years, according to the Institute for Supply Management’s  leading business index.  For 2016, 63 percent of respondents to the ISM’s Semiannual Economic Forecast…