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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....

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.

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