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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....

Auto firms launching record number of new models amid continuing supply chain concerns

Aug 22, 2022
automotive sales

Automobile companies are gearing up for a record number of launches in the coming months as the semiconductor shortage that has plagued the industry eases, according Economic Times.

FY23 will see an unprecedented 21 passenger vehicle launches and 17 two-wheeler launches from Toyota Hyryder, Maruti Suzuki Alto, Mercedes AMG EQS 53, Audi Q3 and XUV400. The EV (Electric Vehicle) sector will dominate.

According to Shashank Srivastava, senior executive director, Maruti Suzuki, “The Covid lockdown period probably affected the pace of development work on new models temporarily. But with the strong bounce-back, both in work environment as also the market, auto OEMs have resumed development work on an accelerated basis. This probably explains the bunching up of launches in the current year.”

While the demand outlook is strong, the supply-side challenges continue on account of parts shortages. This, however, is not expected to impact product launch strategies.

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