Israel: Startup Powerhouse

Israel is at the front of pack with China and the United States when it comes to tech startups. But when it comes to large, indigenous tech giants, the country is nowhere to be seen.

Source: Israel: Startup Powerhouse

Product Managers Must Become “Masters of Product”

The role of product management in technology industries is relatively young when compared to other roles such as sales or marketing. One aspect of this youthful demeanor that’s largely defined the role in the past 20-30 years is that of a “jack of all trades” who steps in to fill gaps in an organization wherever they may be.

Source: Gartner Blog Network

Is the Industry Ready to Reshore or Rightshore?

The Covid-19 pandemic has exposed the fragility of long, complex supply chains. It has also shown how reliant many U.S. and European companies are on the overseas supply of critical items, bringing to the fore a long-debated issue—are we ready to reshore?

Source: Is the Industry Ready to Reshore or Rightshore?

Electronics End Markets are Rebounding

The global coronavirus has upended many of the metrics used to forecast supply, demand, economic activity and financial stability. Two electronics associations – the IPC and ECIA – report electronics markets are recovering, but forward momentum is decelerating.

Source: Electronics End Markets are Rebounding: Will it Last?

A Cautious Look Ahead for 2H 2020 

IHS Markit has released its flash PMIs for August:Results vary by country, with USA, the eurozone, Germany and the UK showing large increases (chart 1)USA rose from 50.9 to 53.6 (chart 2), the eurozone from 47.4 to 51.8 (chart 3) and Germany from 51 to 53 (chart 4)France declined slightly (chart 5) and Japan remained in contraction (below 50) despite a higher PMI than July (chart 6)

Source: A Cautious Look Ahead for 2H 2020 | Weekly Global Update for August 26, 2020 | TTI, Inc.

Minority-Owned Suppliers are Faring Well in 2020 

New study reveals minority-owned suppliers are showing greater financial stability and resiliency than non-minority owned businesses during the global pandemic.

Source: Survey Says: Minority-Owned Suppliers are Faring Well in 2020 | Source Today

Top Supply Chain Tech Trends for 2020 

As they continue to manage the impacts of the global pandemic and prepare themselves for the post-COVID world, supply chain leaders are integrating more technology into their global networks, according to a new report from Gartner Research.

Source: Top Supply Chain Tech Trends for 2020 | Source Today

Chinese tech companies topple Japan, chase US in market share 

TOKYO — Chinese companies are continuing to expand their presence in the race for dominance in global high-technology markets with a boost from robust domestic demand, according to a Nikkei survey. China is now chasing the U.S. after topping Japan in the number of sectors in which it has taken top market share.

Source: Chinese tech companies topple Japan, chase US in market share – Nikkei Asian Review

Electronics Manufacturing Industry Applauds Congressional Actions

IPC, the global electronics manufacturing association, applauds leaders in the U.S. Senate and House for approving IPC-backed measures that will bolster the resiliency and security of the U.S. defense electronics industrial base.

Source: Electronics Manufacturing Industry Applauds Congressional Actions

U.S. Manufacturing Rebounds to 14-Month High

The nation’s leading manufacturing index surged to a 14-month high in June, rebounding by 9.5 percent into expansion territory. The Institute for Supply Management’s PMI reached 52.6 percent last month from a level of 31.8 percent in May.

Source: U.S. Manufacturing Rebounds to 14-Month High

Let’s Get the Industry Moving Again

This year has seen one of the worst financial crises since 1929, the Wall Street Crash. The economy has seen a rough start to 2020, with thanks to COVID-19 causing mass disruption for manufacturers globally and over 437,000 deaths within seven months. Same as all major industries, the electronics sector has been substantially affected by the virus in all divisions including events, manufacturing, supply chain and staffing. With COVID-19 grinding spending and production to halt, official data shows that China’s economy suffered a sharp decline of 6.8% in the first quarter of 2020, according to Business Leader. However, from this date onwards, the global economy looks as if it is starting to bounce back – along with the electronics industry.

Source: Let’s Get the Industry Moving Again

Future of Work in Electronics: Interdisciplinary Integration 

Companies are beginning to understand that agility is not some vague virtue. Agility has specific goals, and there are specific processes for achieving those goals. We recently spoke with Yole CEO Jean-Christophe Eloy, the CEO of Yole Développement (Lyon, France), about what being agile actually entails.

Source: Future of Work in Electronics: Interdisciplinary Integration | EE Times