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Global semiconductor sales hit $57.8 billion during the month of November 2024, an increase of 20.7% compared to the November 2023 total of $47.9 billion and 1.6% more than the October 2024 total of $56.9 billion, says the Semiconductor Industry Association (SIA). “The global semiconductor market continued to grow substantially in November, hitting its highest-ever
The semiconductor industry is due to embark on 18 new fab construction projects in 2025, according to SEMI’s latest quarterly World Fab Forecast report, spanning from 2023-2025. The report shows the semiconductor industry plans to begin operations of 97 new high-volume fabs, including 48 projects in 2024 and 32 projects in 2025, with wafer sizes
Reports of a slowing down in the sales of electric vehicles (EV) in some markets, the announcement of scrapping an electric vehicle grant scheme in the UK and seemingly a waning appetite for electric vehicles in some parts of the world have raised questions about the state of the EV market and its future. In
IPC announced the November 2024 findings from its North American Printed Circuit Board (PCB) Statistical Programme. The book-to-bill ratio stands at 1.15. Total North American PCB shipments in November 2024 were up 4.7% compared to the same month last year. Compared to the preceding month, November shipments were down 1.4%. PCB bookings in November were
onsemi has recently swept under the radar with an acquisition move that some are touting as its potential return to the gallium nitride (GaN) market. GaN semiconductors are gaining prominence for their superior efficiency and performance, particularly in applications like electric vehicles, renewable energy systems, and industrial automation. As the industry continues to shift toward
According to the latest study from Astute Analytica, the Japan supply chain management market is projected to hit the valuation of $ 4,224.15 million by 2033 from $ 1,491.81 million in 2024 at a CAGR of 12.26% during the forecast period 2024-2033. Japan’s thriving economy continues to generate strong demand across manufacturing, retail, automotive, and
The global semiconductor shortage has persisted since 2020, with lingering effects in various industries. While the United Kingdom has largely recovered from COVID-era shipping disruptions and material scarcity, its supply woes are not over yet – another shortage may emerge in 2025. Zac Amos, Contributing Writer, further explores. Why another semiconductor shortage is likely Although
In an industry-leading supply chain, problems are not something to be solved after the fact but rather mitigated and ideally avoided. Traditionally, supply chain managers operated with limited visibility, often planning without the ability to foresee potential disruptions. However, advancements in technology, particularly AI, have transformed this landscape. The potential for AI technologies is vast, with
After expressing strong confidence for November sales sentiment in all component categories, survey participants projected equally strong pessimism for the December outlook. Fortunately, the glum expectations for December sales performance are overshadowed by the bright optimism for Q1 2025 sales sentiment. “Looking over the past year the ECST survey results show the second half was
At the end of each year the Electronic Components Supply Network (ecsn) canvases its manufacturer authorised distributor (afdec) and electronic components manufacturer members for their opinions on how their businesses and the industry in general will fare in the coming year. The data collected is used to compile ecsn’s annual UK & Ireland Electronic Components