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Recent market analyses have painted a disturbing picture for the future of the global supply chain, at least in the short term. What is even more disturbing, however, is that supply chain leaders seem to be making few steps to meet the anticipated tough times ahead. According to a new study from consulting company Accenture,…
Crisis, for someone, always breeds opportunity — although sometimes that opportunity is not what society considers ethical. One example that typically arises in global chip shortages is the radically increased numbers of counterfeit chips that find their way into designs ranging from basic consumer tech to highly specialized equipment such as healthcare devices and military…
The semiconductor market is experiencing a very unique time, a time where two seemingly conflicting narratives are occurring simultaneously. On one hand, global demand and sales of chips and semiconductors have never been stronger. According to IDC, worldwide semiconductor sales grew to a mammoth $464 billion in 2020, a nearly 11% increase from 2019. Even…
It was not a surprise that the electronics manufacturing industry faced sizable challenges in the first quarter of 2020 following the series of global lockdowns brought on by the COVID-19 pandemic. What was a surprise, however, was the rapid demand that materialized following the market recovery near the end of the year, far outpacing supply…