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US semiconductor investment boosts production

The US has taken another step in strengthening its standing in the semiconductor industry by finalising a $1.5 billion subsidy to GlobalFoundries (GF) to expand its chip production in New York and Vermont, aiming to create 10,000 jobs. This is part of the CHIPS and Science Act, a $52.7 billion programme designed to grow domestic

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News

Vizmonet goes global with DigiKey

Vizmonet has signed DigiKey as its global distributor. This strategic partnership aims to expand Vizmonet’s reach and enhance the availability of its cutting-edge products to customers worldwide. Vizmonet is a Singapore-based company founded in 2011 with a prime focus on the design and manufacture of carrier-class-customised wireless connectivity solutions. The company offers built-to-customise wireless solutions

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News

Exyte receives Micron’s Outstanding Supplier Performance Award

Exyte was presented with the Outstanding Supplier Performance Award in Supplier Diversity at the Micron Supplier Day 2024. The event, held in San Francisco, CA, USA, was attended by top-level management of Micron and its suppliers, including Exyte. This award highlights Exyte’s commitment to excellence in quality, innovation, and collaboration with Micron. Exyte has received

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News

Newell steps up as Mouser President; Smith remains CEO

Jeff Newell has been promoted to the role of President at Mouser Electronics, effective January 1, 2025. The roles of President and CEO are being split, and Glenn Smith will continue as CEO. Newell will be the third president in Mouser’s 60-year history. “With the dedication and support of countless employees, Mouser has grown from

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Industry Insights Sustainability

Charting a path to ESG goals

This article originally appeared in the September issue of Procurement Pro. “It’s like a flywheel, once it gets going it just gains momentum,” says Andrea Barrett, Vice President of Social Responsibility and Sustainability at RS Group, and she is describing the company’s impressive progress towards its environmental, social, and governance (ESG) goals. The company embarked

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Events

element14, NXP join for building automation design challenge

element14 has teamed up with NXP to launch an exciting new design challenge centred around building automation for smart spaces. This challenge invites engineers and tech enthusiasts to develop innovative solutions using NXP’s FRDM MCX A Series (A15X) development kit. Ten selected participants will receive the NXP FRDM MCX A15X kit and will tackle a

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Supply Chain Management

A2 Global Electronics building supply chain resilience in the defence and aerospace sectors

This article originally appeared in the September issue of Procurement Pro. By Frank Cavallaro, CEO, A2 Global Electronics Both defence and aerospace sectors demand an unwavering focus on supply chain   resilience. These industries rely on intricate supplier networks and must adhere to stringent regulatory requirements, making them especially vulnerable to disruptions. A robust supply chain

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News

Anglia’s Rawlins rues chip makers online store strategy

Anglia CEO Steve Rawlins has criticised the decision of semiconductor manufacturers to open online stores following the loss of the Analog Devices (ADI) franchise. “It’s misguided,” said Rawlins. “I fail to understand the advantage to the customer. It reduces the choice of where to buy from the customer. “Not everyone wants to buy everything from

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News

Wendt hired to head passives, industrial automation at Mouser

Mouser Electronics has hired Eric Wendt as Vice President of Supplier Management. Wendt joins Mouser from DigiKey where he was Director of Industrial Automation. He will oversee Mouser’s large group of suppliers across the passive and industrial automation product categories. He managed many of the passive product lines at DigiKey before creating and bringing the

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Market Analysis

European distribution sales plunge 30% in Q3

European component distribution sales plummeted 30.2% to €3.64 billion in Q3 2024, says DMASS Europe. Semiconductor sales dived 38% to €2.27 billion, the sector’s lowest revenue value since Q1 2021. IP&E held up better, sliding 12.3% to €1.37 billion. Hermann Reiter, Chairman of DMASS commented: “2024 continues to be a challenging year. The correction we

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