Prices are rising all over the world at a pace that hasn’t been seen in decades, and central banks have responded by lifting rates, writes Bloomberg. And according to a Federal Bank analysis, supply factors account for more than half of the current level of inflation,...
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Mixed picture: shortening lead times, stabilising prices offset by supply-chain problems
New data reveals an electronics supply chain that is in transition, where improving electronic component availability and stabilising prices are offset by continuing supply chain issues. Extended lead times, geopolitical uncertainty, and elevated logistics...
Counterfeit components thrive in time of shortened obsolescence
An article in EPS News claims that counterfeiters are trying to cash in on demand for older parts which are going through EOL (end of life) notifications. According to the article, the problem is getting worse by the trend for shorter periods between the announcement...
Hyundai to manufacture their own automotive chips
"Take back control!" A message often used by politicians is now being heeded by Hyundai, who recently announced they will be manufacturing their own chips to secure the own supply chain as it moves into the electric vehicle industry. EVs require an estimated 500 to...
APAC electronics industry continues to expand amid price pressures
Aug 4, 2022
Expansion in the Asian electronics sector is continuing, albeit growth momentum has gradually moderated during the first half of 2022, with new orders having slowed, according to the latest S&P Global Electronics PMI survey.
The global electronics industry has shown positive expansion since mid-2020, as the COVID-19 pandemic has driven strong demand for consumer electronics for remote working and home entertainment. However, the pace of expansion has shown some moderation in the first half of 2022.
South Korea’s exports of information and communications technology (ICT) goods grew by 18.9 percent year-on-year (y/) to USD 123 billion in the first six months of 2022. Taiwan’s exports of electronics products rose by 15% y/y in June.
Southeast Asian economies also recorded strong growth in electronics exports. In Malaysia, exports of electrical and electronics products rose by 32% y/y during the first six months of 2022, helped by strong demand from the US. Vietnam also recorded buoyant electronics exports, with exports of phones and components rising by 16.4% y/y in the first six months of 2022, reaching a total of USD 29.2 billion.
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
For more help with looking at supply chain options, contact Astute Electronics