Global Electronics Update – June 12

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 for Electronics Industry | Weekly Global Update for June 10, 2020 | TTI, Inc.

U.S. lawmakers propose $22.8B in aid to semicon industry 

(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

Lockheed Scales Back F-35 Program

Lockheed Martin is making significant scheduling changes to hold on to employees while dealing with supplier delays impacting the F-35 program as a result of the COVID-19 pandemic.

Source: Lockheed Scales Back F-35 Program | Manufacturing.net

5 Reasons to Buy Directly from Manufacturers Online 

Whether a buyer wants to eliminate the middleman, have more direct interactions with product makers, get better pricing or gain access to high inventory Read More

URL: https://www.sourcetoday.com/industr…

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2020 IC Outlook: Uncertainty

After a downturn in 2019, the semiconductor and equipment industries looked promising at the start of 2020.In 2019, the downturn was primarily due to Read More

URL: https://semiengineering.com/2020-ic…

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