news

Procurement Pro news
News Supply Chain Management

Global tariff turbulence prompts rethink of trading partnerships

UK small and medium sized enterprises (SMEs) are being significantly impacted by the upending of the global trading environment, propelled by the US administration’s tariff policies, according to new research from independent funder Bibby Financial Services (BFS). BFS’s Trading Places report, which surveyed over 500 UK SMEs that trade overseas, found over half (55%) see tariffs as

Read More
News

Wolfspeed progresses support agreement and strengthens capital structure

Wolfspeed announces that it has taken the next step to implement its previously announced Restructuring Support Agreement (RSA) with key lenders, including holders of more than 97% of its senior secured notes, Renesas Electronics Corporation’s wholly owned US subsidiary, and convertible debtholders holding more than 67% of the outstanding convertible notes. Upon emergence from the

Read More
News

Solsta announces new distribution partnership with DEEPX

Solsta has announced a new distribution partnership with DEEPX. As demand for localised, low-latency AI intensifies across sectors such as industrial automation, robotics, and medical imaging, DEEPX offers a new standard. DEEPX on-device AI delivers up to 25 trillion operations per second (TOPS) while using 5-8x less power than industry alternatives, including those from major players

Read More
News

Heilind – 10 years on a European journey

In business for over 50 years, Heilind focuses on the distribution of electronic connectors, relays, and sensors across a broad spectrum of industries and applications including industrial, robotics, lighting, marine, defence, aerospace, data and telecommunications, medical devices, transportation among others. Its product portfolio includes components from over 160 leading manufacturers worldwide. Grzegorz Łyszczarz, Managing Director

Read More
Market Analysis

Tariffs: how do they impact the electronic components market?

This article originally appeared in the Jan/Feb issue of Procurement Pro. By: Adam Fletcher, Chairman of the Electronics Components Supply Network (ecsn) For many years procurement professionals in the electronics industry have had to contend with a number of headaches, the largest of which were triggered by problems surrounding short-term supply, but no longer! Today

Read More
News

SAEKI to transform large-scale manufacturing

As global supply chains grapple with increasing pressures and rising costs, manufacturing is at a crucial turning point. Industries such as aerospace, automotive, and construction face long lead times and high costs for large-format components, relying on fragmented supply chains and labour-intensive processes. Manufacturing automation company SAEKI has announced a $6.7 million seed funding round

Read More
News Supply Chain Management

Heilind: connecting to the future

Heilind Electronics, a giant in electromechanical component distribution, continues to strengthen its presence in Europe with a strategic focus on flexibility, customer-centricity, and innovation. At electronica 2024, our Associate Editor, Sheryl Miles, caught up with Lars Klapproth,  Business Development Strategic Accounts – CWE Region, to discuss the company’s plans for expansion, its competitive edge, and

Read More
Industry Insights Market Analysis Supply Chain Management

Exploring the future of supply chains in 2025

By Adrian Wood, Director of Strategic Business Development at DELMIA Many of the changes that will impact supply chains in 2025 are not new, but the frequency and intensity has the potential to bring new levels of strain to already stretched supply chains. So, what can companies do to prepare for 2025 and beyond?  What

Read More
News

U.S. clamps down on South Korea’s chip exports to China

In recent years, the U.S., Japan, and the Netherlands have progressively tightened restrictions on China’s access to semiconductor technology. In contrast, South Korea has responded more cautiously to U.S. demands, owing to its heavy reliance on the Chinese market. This is all in the midst of growing U.S.-China tensions. However, according to a report by

Read More
News

ASMPT and TATA Electronics announce strategic partnership

Tata Electronics has signed a Memorandum of Understanding (MOU) with ASMPT to collaborate on establishing semiconductor assembly equipment infrastructure and solutions. Through this partnership, ASMPT and Tata Electronics will collaborate for workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wire bond, flip chip, advanced packaging and

Read More