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Detecting counterfeit electronics & materials – event announced

The Anti-Counterfeiting Forum will be co-hosting the Counterfeit Electronics and Materials Symposium at the Manufacturing Technology Centre in Coventry, UK, on 14-15 March 2023 alongside the U.S. electronics bodies, SMTA and CALCE. The event will focus on current...

Industrial sensor sales remain strong

Sales of semiconductor sensors are expected to continue to achieve double-digit YOY growth, driven by the popularity of smart embedded controls and rising sales prices due to semiconductor shortages, reports IC Insights. Tight supplies and shortages of sensors for...

Designers are adapting to the chip shortage

As OEMs continue to struggle to secure essential components, engineering teams are being asked to consider component sourcing when developing the next generation of their products, reports EPS News. A recent survey found a majority – 74 percent – of global companies...

IC market expected to rebound – IC Insights

The IC market is expected to rebound in 2Q23 after a short bottoming out, reports IC Insights. "Given that the IC industry has never registered a four-quarter sequential IC market decline, expectations are high for a return to IC market growth beginning in 2Q23....

ADS blog digested – Covid-19: Government reactions to support industry

Mar 16, 2020
ADS update

ADS, representing the aerospace, defence, security and space sectors, has been analysing the Government’s response to COVID-19, and what this might mean for the industry in both the short and long term. As it’s a rapidly changing situation, we’ll be checking in regularly with ADS. Their conclusions thus far:

Likelihood of recession looks stronger: UK GDP figures showed no signs of growth, almost extinguishing any hope of growth in Q1 2020. A contraction this year is now a very real possibility.

Bank of England’s has introduced timely package of measures to help UK businesses including a 0.5 reduction to the base rate, now 0.25%, and a reduction in the UK countercyclical capital buffer rate to 0% which will provide support up to £190 billion of bank lending to businesses. That is equivalent to 13 times banks’ net lending to businesses in 2019.

Industry will feel the impacts: The biggest impacts across the economy will occur when people begin significantly reducing their social consumption and changing behaviours. Any long-term impact will depend on the length of disruption to economic activity and daily life in general.

ADS is encouraging members to update them on any areas of thier business that may be impacted or disrupted in the near future – go here: https://www.adsgroup.org.uk/blog/covid-19-government-reactions-to-support-industry/

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