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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....

Supply chain pressures are hitting growth – IPC

Aug 22, 2022
supply chains under pressure

The rising material and labour costs are squeezing global production of electronics, says the latest report by US market research firm IPC.

Their August Global Sentiment of the Electronics Supply Chain Report shows that current conditions for the electronics supply chain remain challenging, with 86% of electronics manufacturers experiencing rising material costs, while 76% indicate labor costs are increasing.

“Industrial production rose at a healthy 6.2 percent annualized rate in the second quarter, strongly suggesting that the economy is not in a recession. At least not yet,” said Shawn DuBravac, IPC chief economist.

Additional survey results from the global sentiment report indicate:

  • Demand remains strong, but profit margins still hurting from high costs.
  • The labour picture is less bad, but companies expect to continue to have difficulty finding skilled labour.
  • Supply chain constraints are showing signs of ease, with an expansion in available inventories for the first time in five months.

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