Industry News

ELECTRONICS NEWS HIGHLIGHT W37.2023

1. SIA: Global semiconductor sales up 2.3% Month-to-Month in July The Semiconductor Industry Association (SIA) recently announced that global semiconductor sales in July 2023 totaled $43.2 billion, an increase of 2.3% from the total of $42.2 billion in June 2023, but a decrease of 11.8% from the total of $49 billion in July 2022 “The […]

ELECTRONICS NEWS HIGHLIGHT W35.2023

1. EMS market to reach USD 694.4 billion by 2022 According to New Venture Research, the electronics manufacturing services (EMS) market has grown and reached an all-time high of $694.4 billion by 2022.  According to NVR’s 2023 report, the manufacturing market, including EMS and ODM, is sustained by strong demand in the automotive, aerospace/military and […]

ELECTRONICS NEWS HIGHLIGHTS W34.2023

1. Allegro announces acquisition of Crocus Technology   Allegro MicroSystems, Inc. recently announced that it has signed a definitive agreement to acquire Crocus Technology (“Crocus”) for $420 million in cash.  Crocus is a privately held company and a leader in advanced Tunnel Magnetoresistance (“TMR”) sensor technology. This acquisition brings unique technology and products well suited […]

ELECTRONICS NEWS HIGHLIGHTS W32.2023

1. MINERAL-RICH NATIONS RAISE SUPPLY CHAIN PROFILES  According to reports, Indonesia has produced about half of the Nickel used in EV batteries by 2022. They have enacted bans on exporting nickel abroad. This ban has forced foreign corporations to invest heavily in building Nickel processing manufactory in Indonesia. Ford Motors and China’s Zhejiang Huayou Cobalt […]

ELECTRONICS NEWS HIGHLIGHTS W31.2023

 1. COMPONENT & OBSOLESCENCE ARE BECOMING UBIQUITOUS Electronic components have become popular and are constantly evolving with the advancement of technology. This has driven the average life cycle of components down from 10 years to 7 years. This is expected to be a problem in very near future when the inventory of old technology products […]

ELECTRONICS NEWS HIGHLIGHTS W30.2023

1. Industrial and automotive chip demand will be constant in 2023  In 2023, the consumer electronics industry’s outlook remains bleak despite the onset of the peak season in the latter half of the year. Conversely, the demand for automobiles and industrial control is expected to maintain stability. Major consumer applications like mobile phones, personal computers, […]

ELECTRONICS NEWS HIGHLIGHTS W28.2023

1. GLOBAL SEMICONDUCTOR SALES INCREASE 1.7% MONTH-TO-MONTH IN MAY According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor industry sales totaled $40.7 billion in May 2023, up 1.7% from the $40.0 billion total in April 2023 but down 21.1% from the $51.7 billion total in May 2022. “Despite continuing market sluggishness […]

ELECTRONICS NEWS HIGHLIGHTS W29.2023

1. PROCESSOR MARKET SIZE IS EXPECTED TO DROP TO $150 BILLION IN 2023  According to the latest report from Yole Intelligence, the market for processors, including CPUs, GPUs, APUs, and FPGAs, fell to $157 billion in 2022 from $159 billion in 2021 due to weak consumer electronics demand. And it is expected to continue to […]