The industrial market continues to be a sweet spot for the electronics supply chain. Unlike the volatile consumer market, industrial products tend to have a longer design cycle and a longer lifespan. Still, according to Semico, the industrial sector represents only a small portion of semiconductor sales. According to SIA/WSTS data, semiconductor sales to the…
Traditionally, the Industrial sector has represented only a small portion of total semiconductor sales. According to SIA/WSTS End Use data, semiconductor sales to the Industrial market comprise only 12% of total semiconductor revenues. In addition, the Industrial sector traditionally grows at a comparably slow, steady rate. From 2010 to 2015, the Industrial sector experienced a…
Despite the forecast for billions of connected things in 2016, market research firm IC Insights has slightly lowered its semiconductor sales growth forecast for Internet of Things (IoT) applications due to lower sales projections for certain market segments. IoT semiconductor sales is still expected to grow 19 percent in 2016, reaching $18.4 billion. However, the…
Santa Clara, Calif. – Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today announced that Jack Domme will lead Hitachi’s Social Innovation business in the Americas reporting directly to Hitachi, Ltd. President and CEO, Toshiaki Higashihara. In this role, he will focus on accelerating Hitachi’s Social Innovation business, primarily in the…
In conjunction with the 2015 Québec- France trade mission headed by Québec Premier Philippe Couillard, Saint-Hubert-based Varitron Technologies, Québec City-based EMM Groupe and French firm Sterela have signed a memorandum of understanding for joint North American market development of technologies and products for smart cities. Under this agreement, Varitron Technologies will manufacture and assemble components, EEM Groupe will manage…
Basking Ridge, N.J. – Enterprise adoption of the Internet of Things (IoT) is poised for huge growth over the next five years, and is expected to have a huge impact on businesses across industries, according to new research conducted by ABI Research for Verizon Enterprise Solutions. The report finds that the number of business-to-business (B2B)…