Samsung Electronicsā largest labor union announced an indefinite extension of their three-day strike, potentially causing disruptions to global chip manufacturing. As a global leader in microchip manufacturing, Samsung generates $235 billion annually from its semiconductor division. In 2023, Samsung produced approximately 7.5% of the world’s semiconductors and currently dominates the global memory chip market, manufacturing…
Geo-political tensions challenge the electronic component supply chain – hereās how you can be prepared. Global Tension Rising The complex and ever-changing electronic component supply chain faces significant challenges in an increasingly tense global environment. Trade disputes and economic uncertainties contribute to disruptions affecting the availability and cost of critical electronic components. These challenges are…
Supply chain disruptions can significantly impact how inventory is managed. One area that is often affected is dealing with excess inventory. Understanding Obsolete and Excess Inventory Excess inventory refers to parts that exceed demand forecasts. If not managed properly, these items can lead to increased holding costs and potential obsolescence. The Impact of Supply Chain…
An intense earthquake with a magnitude of 7.4 on the Richter scale struck Taiwan, causing extensive damage and significant disruptions to the global supply chain. The earthquake occurred on April 3rd, 2024 at 3:47 AM local time near the city of Hualien in eastern Taiwan and was felt throughout the entire island. This devastating event…
In electronic manufacturing, managing obsolete and excess inventory effectively is key to maintaining efficiency and financial success. As technology progresses, old components phase out, leading to fluctuations in production demands and surplus inventory.Ā Proactive Approach to Addressing Obsolescence Forecasting and Monitoring Forecast and monitor component lifecycles to stay proactive in managing obsolescence. Leverage tools like…
In the domain of semiconductor components, Original Equipment Manufacturers (OEMs), Contract Manufacturers (CMs), and semiconductor purchasers encounter various challenges and opportunities. With technology advancing, keeping up with it necessitates a profound comprehension of the semiconductor sector. This guide offers insights and tactics for navigating this ever-changing industry. Understanding the Semiconductor Supply Chain The semiconductor supply…
Semiconductors play a pivotal role in driving the transition toward a green and more sustainable future. These tiny marvels of technology are not only powering our renewable energy systems but also revolutionizing industries like electric vehicles, logistics, and manufacturing. Powering Renewable Energy Systems Renewable energy systems heavily rely on chips to convert and manage power.…
Netherlands. Image source: Pixabay The semiconductor industry industry is undergoing changes as the Netherlands imposes restrictions, on ASML, a player in the field. ASML is known for its lithography systems that are crucial in producing cutting-edge microchips. However, they are now prohibited from exported from exporting their state of the art technology to China. ASMLs…
During their meeting the White House Concil, on Supply Chain Resilience introducted an established government organization called the Supply Chain Resilience Center (RSCRC). President Biden and Secretary of Homeland Security Alejandro N. Mayorkas announced that the SCRC will collaborate with sector entities to enhance the security of our supply chains. The main objectives of the…
The electronics industry plays a role in our society, powering various devices from smartphones to homes. However, the smooth operation of the electronics supply chain faces threats that currently exist or could emerge in the coming years. Global Semiconductor Shortage One of the challenges that currently pose a threat to the electronics supply chain is…
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