Our aim is to offer guidance on the ever-changing decision-making processes in the electronics sector and become the "go-to" guide for industry professionals looking to source top components.
In 2023, the global power electronics market, including discrete devices and modules, was valued at $23.8 billion. It is projected to grow at a CAGR of 7.0% from 2023 to 2029 to $35.7 billion in 2029, announces Yole Group in its ‘Status of the Power Electronic Industry’, 2024 edition. The discrete market, valued at $15.5 billion in 2023,
Reshoring refers to the process of bringing back manufacturing and production activities to a company’s home country after previously outsourcing these operations abroad. For decades, many companies have offshored their manufacturing to countries with lower labour costs, such as China, India, and Vietnam, to reduce expenses. However, reshoring signifies a reversal of this trend, motivated
One only needs to look back a few decades to see when the semiconductor landscape had Japan on top, controlling over 50% of the market. However, since then, a combination of geopolitical pressures, particularly from the United States, alongside increasing competition from rival Asian nations like South Korea and Taiwan has led to a steep
A ticker-tape parade was the only thing missing when lithium deposits were discovered in southwest Wyoming near Rock Springs in 2013. At the time, there was one working lithium mine in the US; unfortunately, that’s still true. Demand for lithium was high then and has skyrocketed to meet its use in rechargeable and EV batteries.
China is expanding its IC capabilities at all costs, and the “game” is playing out internationally. The stakes are high for all involved, especially China and the U.S. Addressing what it views as a significant threat, the U.S. government established export control regulations specifically aimed at China’s artificial intelligence (AI) and semiconductor industries on October
There are obvious supply-chain impacts from war. Shortages, escalating prices, and the flow of goods are common short and long-term examples. The ongoing conflict between Russia and Ukraine and the more recent bloodshed between Hamas and Israel are certainly exhibiting the supply-chain impact mentioned. Still, there are more subtle effects as well. The Russia/Ukraine War
There’s an unprecedented supply chain transformation happening in the automotive industry. On the electric vehicle side (EVs), experts estimate that manufacturers will spend more than $1.2 trillion through 2030, creating millions of electric vehicles. However, the existing supply chain for internal combustion engines (ICE) still won’t disappear. There are two separate supply chains, and while
Supply chains should be resilient. The reality, however, is that many can be sent into a dangerous tailspin at the slightest provocation. A tailspin that can be difficult to recover. We’ve seen examples of both resilience and tailspins throughout history, caused by natural disasters, wars, trade policies and politics, pandemics, and even former late-night TV
The world we live in today is very different from what it was a year ago. We’ve been forced to find new ways to safely work and interact with other people and within our environments. Many companies have had to alter the way they do business to remain effective and still be safe. When it
As supply chains become increasingly complex, with components sourced globally regardless of where manufacturing takes place, the manufacturing processes used to create goods have developed a variety of permutations and combinations as well. Until recently, there were five primary manufacturing processes. But the growth of 3D printing increasingly impacts manufacturing and can be considered not
