23 Feb 2024 - Maritime

Red Sea chaos throws global supply chains into disarray

The global electronics supply chain is facing its biggest challenge in years, with disruptions exceeding even those seen during the pandemic. Houthi militant attacks in the Red Sea are forcing major shipping companies to reroute vessels, causing delays, capacity drops, and impacting companies like Tesla and Volvo.

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23 Feb 2024 - Maritime

Red Sea chaos throws global supply chains into disarray

The global electronics supply chain is facing its biggest challenge in years, with disruptions exceeding even those seen during the pandemic. Houthi militant attacks in the Red Sea are forcing major shipping companies to reroute vessels, causing delays, capacity drops, and impacting companies like Tesla and Volvo.

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22 Feb 2024 - General

Electronics manufacturers cautious but optimistic despite recession fears

Electronics manufacturers are expressing cautious optimism despite facing rising costs and a potential recession, according to a recent industry survey by the IPC. While 66% of manufacturers are experiencing rising labor costs and 44% grapple with higher material costs, demand for electronics remains positive, albeit slightly down compared to the previous month. However, a looming […]

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21 Feb 2024 - Aerospace

Astute Group Celebrates Attainment of AS6171 & ISO/IEC 17025:2017 Aerospace Standard to Detect Counterfeit Parts 

Astute Group’s U.S. distribution and testing laboratory achieves landmark AS6171 certification, strengthening the fight against counterfeit parts in aerospace

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21 Feb 2024 - General

Hidden threat: counterfeit hardware infiltrates 80% of computers

A disturbing survey exposes a widespread vulnerability - up to 80% of computers globally might be unknowingly harboring a Trojan horse: counterfeit hardware. These seemingly innocuous components, often undetectable at first glance, can be pre-loaded with malware, silently siphoning data, sabotaging systems, and offering backdoor access to cybercriminals.

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20 Feb 2024 - Industrial

Chip industry hits bottom, recovery sprouts: ASML

Semiconductor equipment giant ASML has declared the chip industry's slump over, predicting a budding recovery despite continued woes for major chipmakers.

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19 Feb 2024 - Industrial

Chip giant TSMC doubles down on Japan with second factory

Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading chipmaker, is expanding its presence in Japan with plans to build a second factory. This move comes in response to surging demand and is part of a broader global push to fortify semiconductor supply chains.

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16 Feb 2024 - Industrial

AI’s rocketing demand to drive server DRAM

Artificial intelligence (AI) continues to revolutionise the tech industry, and its insatiable appetite for processing power is fueling a surge in memory demand, particularly for server DRAM.

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15 Feb 2024 - General

Chip rush: Global scramble for semiconductor supremacy

The world is in a chip-building frenzy, driven by concerns about supply chain vulnerability and the race to dominate future technologies. The US, EU, China, and others are throwing billions at chipmakers to build factories within their borders, in a bid to reduce reliance and fuel innovation.

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14 Feb 2024 - Medical

Medical Tech: AI and collaboration drive supply chain revolution

The healthcare industry is poised for a transformative shift in 2024, propelled by the integration of cutting-edge technologies and collaborative strategies. A crucial aspect of this evolution lies in the reimagining of supply chain dynamics, underpinned by the adoption of artificial intelligence (AI) and enhanced collaboration among stakeholders.

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13 Feb 2024 - General

Foxconn faces semiconductor shortage amid ‘AI chip race’

Foxconn, a major player in electronics manufacturing and Apple's primary iPhone producer, has issued a warning regarding a shortfall in AI chips crucial for server production. Despite anticipating a slight improvement in business compared to the previous year, Foxconn Chairman Liu Young-way highlighted the challenge posed by the scarcity of AI chips, stressing the potential need for new manufacturing facilities to meet demand.

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12 Feb 2024 - General

Taiwan’s Compal to build factory in Europe for supply chain diversification

Taiwanese electronics giant Compal Electronics Inc. has announced plans to establish a manufacturing facility in Europe as part of its supply chain diversification strategy. The move comes amidst global supply chain disruptions and geopolitical uncertainties, aiming to mitigate risks and enhance resilience.

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09 Feb 2024 - Defence

Leonardo and Saudi Arabia signs agreement

Defence prime, Leonardo, has formalised a significant collaboration with the Kingdom of Saudi Arabia. The memorandum of understanding, signed recently, underscores a strategic partnership between the Italian-based company, which has government backing, and Saudi Arabia, aiming to bolster mutual interests in aerospace and defence sectors.

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08 Feb 2024 - General

Japan’s semiconductor rebirth: chip fab boom in 2024

The electronics industry in Japan is poised for a significant boost with the anticipated mass production from several new chip fabrication facilities (fabs) across the country. This surge in domestic production is expected to bolster Japan's semiconductor supply chain and enhance its chip-making capabilities.

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07 Feb 2024 - Industrial

DP World Americas CEO says technology will help against rising tides

Global supply chains, the arteries of our interconnected world, face a growing threat: rising flood risks. A new report on Forbes warns that extreme weather events are increasingly disrupting vital infrastructure and transportation networks, posing serious challenges to efficient end-to-end logistics.

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06 Feb 2024 - Industrial

Explosive growth anticipated in Asian IC design market

Is the Asian Integrated Circuit (IC) design market poised for an unprecedented surge? Recent reports suggest a resounding "yes." Forecasts indicate a substantial uptick, with the market size expected to skyrocket from US$641 million in 2023 to a staggering US$1.349 billion this year. What factors are driving this remarkable expansion?

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05 Feb 2024 - Maritime

Red Sea crisis roils container shipping: businesses brace for impact

The escalating crisis in the Red Sea has sent shockwaves through the container shipping industry, causing prices and disruptions across global trade routes. This presents a significant challenge for electronics manufacturers and buyers who rely on efficient and timely deliveries.

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02 Feb 2024 - Industrial

Electronics industry on shifting ground: navigating new trade landscapes

The world of electronics manufacturing is being reshaped by a complex interplay of geopolitical tensions and evolving trade patterns. This presents both challenges and opportunities for businesses operating in this dynamic sector.

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31 Jan 2024 - Industrial

Giants Intel and UMC announce new foundry team-up

Intel and United Microelectronics (UMC), a leading semiconductor foundry, are joining forces to create a 12-nanometer process platform for high-growth sectors such as mobile, communication infrastructure, and networking. Combining Intel's massive US manufacturing capacity with UMC's extensive foundry expertise in mature nodes will result in a wider range of processing options.

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29 Jan 2024 - Industrial

Reshoring Electronics Manufacturing: Europe’s New Horizon

How can electronics companies navigate the complex task of successfully reshoring their manufacturing to Europe? This question is increasingly pertinent as the trend of electronics manufacturing reshoring gains momentum across the global industry.

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26 Jan 2024 - Aerospace

Exploring the Future of Aviation Supply Chain Recovery with AI

this perpetual delay?

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