Optos, Sensors & Discretes Defy Covid Economy

A broad-based economic rebound in 2021, fueled by pent-up demand and a steady recovery in global commerce after the 2020 outbreak of the Covid-19 virus pandemic, is forecast to lift total sales in optoelectronics, sensors and actuators, and discrete semiconductors (O-S-D) by 13 percent to $99.4 billion this year, according to IC Insights. IC Insights…

6 Pros and Cons of an Omnichannel Distribution Strategy

An omnichannel strategy is great for customer service, but it can be challenging to implement. Omnichannel requires a fine-tuned system that functions across multiple channels, mostly in-store and online. No matter where the customer interacts with the company, the experience is the same. This strategy isn’t to be confused with multichannel marketing, which only uses…

ECIA, distributors

Top Distributors Exit ECIA to Form Global Association

Three of the industry’s biggest distributors – Arrow Electronics Inc., Avnet Inc. and Electrocomponents plc – have withdrawn from the Electronic Components Industry Association (ECIA), marking an historic, structural change in the 9-year-old  trade organization. A new group, the Global Electronics Distributor Association (GEDA), will be formed within the next 90 days, according to an…