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The Global Manufacturing Purchasing Managers index rose from 39.6 in April to 42.4 in May (chart 1). While this was an improvement, keep in mind that a PMI <50 is still in contraction territory. The rate of manufacturing decline has slowed but manufacturing activity is far from true growth (PMI=50). Source: Challenging 2H 2020 Ahead […]
(Reuters) – A bipartisan group of U.S. lawmakers on Wednesday introduced a bill to provide more than $22.8 billion in aid for semiconductor manufacturers, aiming to spur the construction of chip factories in America amid a strategic technology rivalry with China. Source: U.S. lawmakers propose $22.8 billion in aid to semiconductor industry – Reuters
Tom Ryden, executive director of nonprofit MassRobotics, did something last week that’s rare for tech workers these days: he picked up a call not from his living room or home desk, but from his office in the Seaport. Source: Massachusetts robotics companies take precautions to reopen offices ahead of the tech industry – Boston Business […]
Gallium nitride (GaN) switch technology has enabled a major advance in the miniaturization of chargers and adapters. GaN transistors switch very efficiently. This allows the development of converters that can either operate at much higher switching frequency than a circuit using equivalent silicon devices, potentially reducing transformer size, or provide solutions that deliver significant system […]
The following GDP forecast by world region suggests a tough road ahead for the U.S. and European economies. Asian regions will grow out of the situation at a faster rate than other regions, but the overall outlook for near-term GDP is challenging (see Figure 1). Source: Passive Components: Expect a “V-Shaped” Recovery | TTI, Inc.
SourceToday has rolled up their sleeves and taking it upon themselves to analyse the world of electronic component distribution. Having sifted through fiscal report after fiscal report the news provider is presenting its top list of electronic component distributors based on 2019 revenues. Source: Evertiq – Arrow sits comfortably as number one among distributors
Passive components makers have reported significant sales results for May despite the long Labor Day holiday in China cutting work hours, with Yageo’s revenues of NT$4.486 billion (US$149.53 million) for the month rising 1% sequentially and almost 40% on year, according to industry sources. Source: Taiwan Passive Components Makers Report Impressive May Results – Passive […]
Global semiconductor sales in April 2020 were USD 34.434 billion, up 6.1% versus the same month in 2019, says the European Semiconductor Industry Association (ESIA). Looking at monthly data, sales in April went down 1.2% versus the previous month, as the economic slow-down caused by the COVID-19 pandemic affects the semiconductor market. Source: Evertiq – […]
Most companies have now reported their first quarter financials, including all the large ones in our survey: When consolidated in U.S. dollars, world electronic equipment sales of 213 OEMs declined 6.7 percent in Q1 2020 versus Q1 2019 (chart 1) Chart 2 shows electronic sector growth in Q1 2020 versus Q1 2019. Compare these large […]
Two years ago, the U.S. and China began a tariff war that changed the face of international trade. Tech companies in particular deal with a series of rules and regulations that lack consistency across the globe. Electronics distributors handle many of the components, services and IT equipment that pass through the international supply chain. The […]
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