Woodstock Wire: Supply Chain News

March 23, 2023

7 tips to manage electronic supply chain challenges

Media -- Electronics360 - The world of electronics manufacturing continues to adjust to the "new normal." This has required component suppliers and devices makers to innovate in some key ways. Here are seven strategies for managing today's electronic supply chain...

March 23, 2023 04:47 AM

March 19, 2023

How Digital Manufacturing Drives Reshoring

Aspencore -- EPS News - The United States has lately doubled down on trade embargos and legislation aimed at reshoring tech manufacturing from overseas. But as far back as 2013, an electronics manufacturing services (EMS) provider envisioned another way to reshore:...

March 19, 2023 09:28 PM

Foxconn expects flat growth in 2023

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) expects flat revenue growth in 2023 amid persistent macroeconomic uncertainty and a neutral outlook for the ICT industry.

March 19, 2023 01:10 AM

iPhone Producer Foxconn Forecasts Weakening Device Demand

Media -- PYMNTS.com - Apple's chief iPhone supplier will increase investments outside of China as consumer electronic demand weakens.

Foxconn, the world's largest contract electronics manufacturer, released earnings Wednesday (Mar. 15) that projected flat revenue...

March 19, 2023 01:05 AM

March 17, 2023

Driving the Risk Out of Global Supply Chains

Media -- Source Today - The number of supply chain disruptions was up 32% in 2022 versus 2021. Here are 10 risks that companies should be paying attention to in 2023.

March 17, 2023 05:02 AM

FourKites Launches New Supply Chain Solution for Carriers, Accelerating Connection Time from Weeks to Just Minutes

Globe Newswire -- Technology - FourKites Connect enables any carrier or broker to easily and securely connect to FourKites, while simultaneously improving tracking accuracy for shippers, brokers and other partners FourKites Connect enables any carrier or broker to easily...

March 17, 2023 03:16 AM

March 15, 2023

Foxconn reportedly to expand chip investments in India amid diverisification away from China

Media -- DIGITIMES - Foxconn's chairman Young Liu recently made a visit to China and India, raising eyebrows in the two countries and beyond and marking an investment shift away from China to India with Foxconn's '3+3' strategy.

March 15, 2023 05:34 AM

March 12, 2023

March 09, 2023

US accounts for 16% of Taiwan exports in 2022

Media -- DIGITIMES - The US accounted for 15.7% of Taiwan's total exports in 2022, hitting an 18-year high, according to customs statistics. The ratio climbed further to 16.1% in February 2023.

March 09, 2023 06:58 AM

March 08, 2023

Kitron receives communications order from Kongsberg

Media -- Evertiq - EMS provider Kitron has received an order with a value of more than NOK 180 million (EUR 16.2 million) from Kongsberg Defence & Aerospace.

March 08, 2023 05:14 AM

Foxconn sees February sales decline

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) reported a decline in its February sales due to fewer working days during the Lunar New Year holiday and slowing demand for three of its four major product lines.

March 08, 2023 04:54 AM

March 07, 2023

PC and tablet shipments to be down 11% in '23 on low demand

Media -- FierceElectronics - PC and tablet shipments to be down 11% in '23 on low demand

March 07, 2023 06:35 AM

How to Simplify the Process of Selecting and Buying Electronic Components

Media -- Electronics Sourcing - Some aspects of daily work tasks can turn into a laborious process that we try to avoid if possible. If you spend your days struggling to fulfil a new bill of materials (BOM) request from engineering, Mouser has some good news....

March 07, 2023 01:24 AM

Kimball Electronics welcomes CEO Ric Phillips

Media -- Evertiq - Kimball Electronics has celebrated the retirement of its long-standing Chairman and CEO, Donald D. Charron, and welcomed incoming Chief Executive Officer, Richard D. Phillips, with a market closing bell ceremony at Nasdaq on Wednesday, February...

March 07, 2023 01:21 AM

Amazon Business Adds 3-Way Match to App for B2B Buyers

Media -- PYMNTS.com - Amazon Business has added 3-Way Match to its mobile app for B2B buyers.

The 3-Way Match feature, which was previously available only via desktop or handheld scanners, enables B2B buyers to scan the barcode of a newly arrived package, marking...

March 07, 2023 12:21 AM

7 Ways to Avoid Counterfeit Electronic Components

Media -- Electronics Sourcing - Counterfeit electronic components are a growing concern in the industry, as they can lead to serious safety hazards and equipment failures. Here are 7 ways to avoid counterfeit electronic components:

March 07, 2023 12:00 AM

March 06, 2023

Researchers Detail Changes in the Blood-Brain Barrier Related to Alzheimer's Disease

Life -- Neuroscience News - In those with Alzheimer's disease, the choroid plexus becomes enlarged and has increased accumulation of abnormal inflammatory signatures.

March 06, 2023 05:08 AM

Companies brace for water shortage in southern Taiwan

Media -- DIGITIMES - Because of the water shortage in southern Taiwan, the state-owned Taiwan Water will enforce a 10% water consumption reduction in industrial zones and the science park in Tainan, southern Taiwan with companies in Southern Taiwan Science Park...

March 06, 2023 12:40 AM

March 05, 2023

Foxconn chairman pays visit to China

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) chairman Young Liu recently paid a brief visit to the company's factory sites in China, including its Zhengzhou plant which primarily fulfills iPhone orders, according to industry sources.

March 05, 2023 11:47 PM

February 27, 2023

Bumpy Road Ahead for Electronics' 'Roaring 20s'

Aspencore -- EPS News - The 1920s were marked by a surging economy and mass consumerism-and early in this most recent round of 20-something years, it's been tempting to make a comparison between then and now. The road ahead for the electronics industry...

February 27, 2023 05:27 AM

Manufacturing Stays Weak but Tech Sector Improves

Aspencore -- EPS News - The U.S. manufacturing downturn deepened last month fueled by continuing weakness in new orders and factory production. The Institute for Supply Management's gauge of factory activity - the PMI - fell for a fifth straight month in January...

February 27, 2023 05:25 AM

Kimball Electronics Reports Q2 Results With Record Sales and Expanding Operating Margin; Company Raises Outlook for Top-line Growth in Fiscal Year 2023

Business Wire -- Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the second quarter ended December 31, 2022. Three Months Ended Six Months Ended December 31, December 31, (Amounts in Thousands, except EPS) 2022 2021 2022 2021...

February 27, 2023 04:32 AM

Exploring the Power of ChatGPT: An Opportunity for Supply Chain Transformation

Think -- Gartner Blog Network - ChatGPT burst onto the scene in November 2022. It had a similar impact on artificial intelligence (AI) as the post-pandemic supply chain gridlock had on supply chain; a topic that wasn't new, just not known, suddenly became a mainstream...

February 27, 2023 03:49 AM

NOTE invests in new storage solution for Torsby plant

Media -- Evertiq - Swedeish EMS provider NOTE keeps investing in its operations at its manufacturing facility in Torsby, Sweden.

February 27, 2023 03:26 AM

Kitron expands its manufacturing capacity - adds 6 new lines

Media -- Evertiq - EMS provider Kitron has big plans to increase its manufacturing capacities and capabilities during the coming years. In 2023 alone the company is adding additional machinery at four different locations.

February 27, 2023 03:05 AM

Lower import volumes likely through the first half of 2023

SupplyChain -- SCMR Editorial - A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

February 27, 2023 03:00 AM

February 24, 2023

February 23, 2023

DHL Supply Chain Achieves First Commercial Deployment of Boston Dynamics' Stretch(tm) Robot

SupplyChain -- DC Velocity - Stretch was developed through a four-year strategic collaboration between the two companies

February 23, 2023 04:54 AM

January PMI falls but remains in close range to estimates, reports ISM

SupplyChain -- Logistics Management - The report's key metric, the PMI, at 47.4 (a reading of 50 or higher indicates growth), down 1.0% from December's 48.4, contracting, at a faster rate, for the third consecutive month. The last three months of contraction, through...

February 23, 2023 04:53 AM

20th Anniversaries of RoHS and WEEE

Distribution -- TTI MarketEye - It's been twenty years since RoHS, which regulates hazardous substances used in manufacturing, and WEEE, which regulates the disposal of the same products, became law in the EU. Learn about the progress that's been made with both directives...

February 23, 2023 04:50 AM

Changes in Charging Technology Will Accelerate EV Adoption

Distribution -- TTI MarketEye - Technology is catching up with curiosity and demand in the emerging world of EV charging. Read how new methods are being used-like smart charging, wireless charging, mega-watt charging, improved battery technology and more-to increase...

February 23, 2023 04:43 AM

February 20, 2023

Supply Chain 2023: What's Next?

Think -- Gartner Blog Network - A lot of the supply chain leaders we've spoken with this month took time off to recharge over the year-end holidays. With unrestricted travel returning in most places outside of Asia, it almost felt normal - except it wasn't. In...

February 20, 2023 04:11 AM

Easy Aerial turns to Kitron for production muscles

Media -- Evertiq - EMS provider Kitron has entered into a production agreement with Easy Aerial Inc, a US developer of autonomous UAV (unmanned aerial vehicle) solutions.

February 20, 2023 03:46 AM

North American EMS Industry Down 2.7 Percent in December

Media -- eBOM - IPC releases EMS industry results for December 2022.

IPC announced today the December 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.36.

Total North American...

February 20, 2023 03:45 AM

North American EMS industry down 2.7% in December

Media -- Evertiq - Total North American EMS shipments in December 2022 were down 2.7% compared to the same month last year. Compared to the preceding month, December shipments increased by 5.8%.

February 20, 2023 02:43 AM

North American PCB industry sales down 1.7% in December

Media -- Evertiq - Total North American PCB shipments in December 2022 were down 1.7% compared to the same month last year. Compared to the preceding month, December shipments dropped 5.1%.

February 20, 2023 02:41 AM

Kitron receives order from Kongsberg

Media -- Evertiq - Norwegian EMS provider Kitron has received orders with a value of over NOK 260 million (EUR 24.15 million) from Kongsberg Defence & Aerospace.

February 20, 2023 02:21 AM

Plexus starts fiscal 2023 on a strong note

Media -- Evertiq - "Our fiscal 2023 started strong as we capitalized on the momentum built during fiscal 2022," Todd Kelsey, Chief Executive Officer, says in the company first quarter report.

February 20, 2023 02:12 AM

5 Supply Chain Predictions for 2023

SupplyChain -- Logistics Viewpoints - So much has changed in a year! While the supply chain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges...

February 20, 2023 01:55 AM

February 16, 2023

Five ways manufacturers prepare for recession

Media -- Evertiq - The electronic component industry has grown accustomed to a period of heightened demand as shortages have plagued supply and driven up pricing. Now that inflation and the global economic downturn have begun to impact consumer behavior, the market...

February 16, 2023 01:17 AM

FourKites and cargonerds Partner to Bring Enhanced Cost and Time Savings to Supply Chains

SupplyChain -- DC Velocity - Partnership will enhance cargonerds' digital freight platform with FourKites' market-leading supply chain visibility data to bring increased benefits to global freight forwarders and shippers

February 16, 2023 01:13 AM

February 13, 2023

FourKites Bolsters its Management Team with Supply Chain Industry Veterans

Business Wire -- Leading supply chain visibility company FourKites today announces it has strengthened its executive team with the appointment of a Chief Strategy Officer and a Vice President of Global Customer Success. FourKites' leadership position, rapid growth and...

February 13, 2023 04:37 AM

February 12, 2023

Supply Chain 2022: A Very Disrupted Year

Aspencore -- EPS News - Supply chain disruptions in 2022 were up 32 percent year-over-year (YoY), according to risk analysis firm Resilinc, and 91 percent of those disruptions were human-caused.

The top 10 disruptions for 2022 include:

Factory fire

Mergers & acquisition...

February 12, 2023 06:49 AM

Global smartphone market shrinks 17% in 4Q22, says Canalys

Media -- DIGITIMES - Worldwide smartphone shipments fell 17% on year in the fourth quarter of 2022, with shipments for the entire year sliding below 1.2 billion units, according to Canalys.

February 12, 2023 03:57 AM

Ennostar expects production utilization to improve gradually

Media -- DIGITIMES - LED epitaxial wafer and chip maker Epistar expect its capacity utilization to improve gradually, starting the first quarter of 2023.

February 12, 2023 03:56 AM

Can the Electronics Industry Unlock 'True Demand'?

Aspencore -- EPS News - "The next time I get an accurate forecast from a customer will be the first time I get an accurate forecast from a customer." - Common supply chain gripe

Customers are the supply chain's raison d'etre, but they are also its biggest challenge....

February 12, 2023 03:30 AM

Orbweaver Announces Publication of Digital Transformation Book

Business Wire -- Today, Orbweaver LLC, a leading provider of digital supply chain integration solutions for electronic components, is pleased to announce the publication of Digital Transformation in the Electronics Industry, authored by Casimir...

February 12, 2023 02:37 AM

Sweden Finds Largest-Ever Rare Earth Metal Deposit In Europe

Tech -- ExtremeTech - Rare earth elements are vital to a green energy future because you can't build batteries and other EV components without them. That's a problem for Europe, which has no rare earth mining operations....

February 12, 2023 01:53 AM