NAND flash memory prices have experienced an unforeseen increase, occurring earlier than anticipated, according to industry sources. The NAND Flash Bit demand is expected to increase by up to 16% this year, driven by a number of factors, including: Apple's decision to...
Tags
Recent Articles
Five signs you may be buying a fake product
Counterfeiting is a global problem that costs businesses and consumers billions of dollars each year. Electronics counterfeiting is a particularly serious problem, as counterfeit electronic parts and components can lead to equipment failure, safety risks, and brand...
The rise of contract manufacturing for medical devices
There is a growing trend towards outsourcing the production of medical devices to contract manufacturers, writes Supply Chain Brain, driven by the need to speed up the product design cycle, meet rising demand, mitigate supply chain risk, and access hard-to-find...
Tips on how to deal with fluctuating freight rates
Freight rates play a crucial role in determining both the cost and efficiency of production in the electronics manufacturing sector. Fluctuations in freight rates can have a significant impact on businesses, from disrupting supply chains to increasing production...
Biden to sign $280B CHIPS act in bid to boost US over China
Aug 9, 2022
President Joe Biden is preparing to sign a $280 billion bipartisan bill to boost U.S. domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
“We are going to invest it in America,” Biden said. “We’re going to make it in America. We’re going to win the economic competition of the 21st century in America.”
The White House said Micron is announcing a $40 billion plan to boost domestic manufacturing of memory chips, and Qualcomm and GlobalFoundries are announcing a $4.2 billion expansion of an upstate New York chip plant.
Last month, South Korea’s SK Group announced a plan to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience, which the White House said will create tens of thousands of domestic jobs while helping ease global supply chain snarls that have persisted during the coronavirus pandemic.
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