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Event | Industry News | Supply Chain
Japanese Earthquake Cripples Manufacturing
April 8, 2022 – On March 16th, a 7.4 magnitude earthquake struck off the northeast coast of Japan in Fukushima, leaving thousands without power. This deadly earthquake caused over 225 casualties and halted major business and infrastructure systems such as railroad transportation and manufacturing plants….
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russian Technology Sector Targeted by US Sanctions
April 8, 2022 – The U.S. Department of Treasury recently issued a new round of sanctions on the Russian Federation in response to its invasion of Ukraine, this time targeting the Russian technology sector. This new round of sanctions targets 21 business entities and 13…
Product Updates | Supply Chain
Be Alerted to Inventory Changes
April 7, 2022 – Inventory monitoring helps companies identify which and how much stock to order at what time. It tracks inventory from purchase to the sale of goods. This identifies and responds to trends to ensure there’s always enough stock to fulfill customer orders…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russian Gold & Silver Banned from Global Markets
March 29, 2022 – Russian gold and silver refineries have been banned from the largest global trading markets in gold and silver. The London Bullion Market Association (LBMA) and the Chicago Merchantile Exchange (CME) have both announced a suspension on Russian gold and silver from…
One Missing Piece Can Ruin Your Design:
Avoid Costly Redesigns due to Obsolescence
Electronics design engineers would be thrown into despair if their complex, masterpiece design was foiled by a single missing piece such as an obsolete component. How Obsolescence Can Ruin Product Design Imagine the following scenario. You’re a lead design engineer creating an instrument panel for…
Industry News | Supply Chain | Ukraine/Russia Conflict
Ukraine Invasion Results in Raw Materials Price Surge
March 11, 2022 – The price of multiple raw materials, including Crude Oil, Palladium, Nickel, Aluminum, and Copper have skyrocketed to the highest they’ve been in the past decade as a result of Russia’s invasion of Ukraine. Russia and Ukraine have a dominant position in the…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Electronics Chipmakers Cut Ties With Russia
March 9, 2022 – Global chipmaking companies, including the giant Taiwan Semiconductor Manufacturing Company, have begun to sever ties with Russia. The United States and several of its allies have announced sanctions on Russia with the goal of limiting their military advancements by putting a…
Intel to Acquire Tower Semiconductor for $5.4 Billion
March 7, 2022 – Intel Corporation has announced its acquisition of Tower Semiconductor, a leading foundry for analog semiconductor solutions, for $53 per share in cash. This acquisition represents a total enterprise value of approximately $5.4 billion. With an unprecedented global shortage across the chipmaking…
COVID-19 Impact Updates | Event | Supply Chain
Chinese Industrial Hub Shutdown due to COVID-19 Concerns
February 24, 2022 – In an effort to combat the spread of COVID-19, a strict lockdown has been imposed in the Chinese city of Suzhou. Suzhou is a technological hub and key manufacturing location for semiconductors. Home to manufacturing facilities for several global firms including Samsung, Bosch, Eli…
Contamination Forces WD to Lose Over 6.5 Exabytes of Flash Memory
February 21, 2022 – A contamination of materials at two Western Digital manufacturing plants has caused a loss of at least 6.5 exabytes of flash memory storage. These could have grave consequences on pricing and supply – experts predict a spike in SSD prices of…