Mobile menu
Octopart
Resources Octopart Edgewater Research: Electronic Supply Chain Weekly Digest

Edgewater Research: Electronic Supply Chain Weekly Digest

Dennis Reed
|  Created: January 8, 2024  |  Updated: July 1, 2024

 

Edgewater Research

Important Disclosures in the Appendix

A weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research

DATAPOINT OF THE WEEK:

S&P reported December Eurozone mfg PMI of 44.4 vs 44.2 in November marking an 18th consecutive month of contraction. The data reflects a continued decline in new orders and output as well as employment. China’s government official mfg PMI fell to 49.0 in December from 49.4 in November, marking a third straight month of contraction. In contrast, the private Caixin China PMI rose to 50.8 in Dec (Nov: 50.7), to the strongest level since August, reflecting increases in output and new orders but a decline in Employment. In the US, S&P reported Dec mfg activity declined sharply with PMI of 47.9 vs 49.4 in November, reflecting an accelerating decline in output, new orders, and employment. ISM reported Dec PMI of 47.4 vs 46.7 in Nov reflecting a worsening decline in new orders, offset by an uptick in output and a slower pace of employment decline. In Japan, Dec mfg PMI slipped to 47.9 from 48.3 in November, to the lowest level in 10 months, reflecting lower export and domestic demand with acute weakness noted in the electronics sector per S&P.

Headlines:

Auto

  • BYD sold 3.02 xEVs globally in 2023; 4Q BEV sales exceeded Tesla’s for first time
  • NEV retail sales in China finished the year strong increasing 46% Y/Y and 11% M/M in December
  • Starting Jan 1st, NEVs above $42,000 are no longer tax-exempt in China
  • GM sold 75.8K EVs in 2023; said it would offer $7,500 incentive for EVs that lost US Gov tax credit beginning Jan 1
  • Germany car sales finished 2023 on a soft note; Dec sales down 23% with xEVs down 58% Y/Y
  • The number of EVs qualifying for US tax credit fell from 43 to 19 on Jan 1
  • Italian government considering $1B plan to encourage adoption of EVs
  • Rivian 4Q deliveries declined 10% Q/Q, missing expectations
  • Hyundai and Kia project global combined sales to increase 2% in 2024
  • Tesla 4Q shipments met expectations but Tesla lost global leadership to BYD
  • Toyota xEV shipments increased 30% and accounted for 29% of sales in the US in 2023
  • Cox Automotive projects return to normality in 2024 with US SAAR projected
  • VW to delay ID 2 volume production to 2026 amid weaker Euro 7 rules
  • Automakers ask for tax cut as U.K. electric-car sales stall

IP&E

  • Taiyo Yuden announced the start of production at its new MLCC factory in Changzhou

Semiconductors

  • ASML forced to cancel DUV deliveries to China under pressure from the US and Dutch Governments
  • ROHM has completed acquisition of Solar Frontier plant asses in Japan; planning SiC production
  • Several semi and IP&E facilities have temporarily stopped production in Japan to assess and manage the impact of the earthquake on Jan 1
  • Mobileye guides 2024 revenue down Y/Y, citing inventory build-up of ADAS SoC at tier 1 customers
  • Microchip announced as a recipient of $162M CHIPS Act Grant for facilities in Colorado and Oregon.
  • Samsung to delay mass production in new wafer fab in Texas
  • Global semi capacity to increase 6.4% in 2024 with discrete and analog capacity projected up 7%/10% according to SEMI

Other

  • Foxconn guides to seasonal 1Q demand and continued decline Y/Y
  • Spot container shipping rates soar 173% on Red Sea threatsear

About Author

About Author

Dennis Reed is a Senior Research Analyst in Technology. Dennis started in the industry in 2005 at FTN Midwest Research on the technology & semiconductor team. In 2006, he was a founding member of Cleveland Research Company and continued to develop and extensive network of technology industry professionals in the semiconductor, distribution, memory and HDD industries throughout the world. Dennis worked at KeyBanc Capital markets in New York, on teams covering Consumer Staples and Paper & Packing companies. Dennis also brings wide level of experience working in various roles with Travelers Insurance, including Market Research and various product roles supporting business unit growth in targeted end markets. Dennis is a 2002 graduate of Ohio University with a major in Sports Management.

More content by Dennis Reed

Related Resources

Allocation in the Semiconductor Industry What Is Allocation in the Semiconductor Industry? From silicon to supply chain: In this article, I’ll give you a better understanding of allocation in the semiconductor industry. Read Article
Workforce Skills Gaps The Big Challenges Driving Today's Workforce Skills Gaps Why such an intense focus on domesticating PCB supply chains? Well, for civilians, a chip runs their daily electronics and automobiles, an important role for sure, but for the U.S. military, smart chips make smart bombs. However, despite its criticality, revitalizing the U.S. PCB industry requires much more than just investments in infrastructure; it requires a complete overhaul of the workforce. Employers and their partners must equip their Read Article
What Is an RJ45 Port on a PCB? What Is an RJ45 Port on a PCB? Ever since the introduction of Ethernet, the RJ-45 port (or RJ-45 jack) has become the standard for connecting wired LANs in commercial settings. When used on PCBs and in panel-mount versions, these connectors come in two common formats: magjack and non-magjack, and there are some specialized connector options that provide superior ingress protection ratings. While a common usage is in home networking equipment, today, it's common to see an Read Article
Sensor Technologies 10 Sensor Technologies Making Waves in 2025 The sensor revolution isn't just knocking on our door – it's already picked the lock and made itself at home. IoT devices are multiplying like rabbits, AI is getting smarter by the minute, and the push for sustainability is changing how we approach electronic design. These forces are converging to create a massive wave of sensor innovation. Gone are the days when sensors were just simple input devices. Today, they're our increasingly connected Read Article
AI-Enhanced Imaging Sensors AI-Enhanced Imaging Sensors: Eyes That Never Blink The era of cameras just taking pictures is behind us. AI-enhanced imaging sensors now equip machines with eyes that never blink, never tire, and can see beyond human capabilities. These sensors don't just capture images – by integrating high-resolution imaging with on-chip AI processing, they understand and interpret them in real-time. A New Era of Machine Vision and Perception AI-enhanced image sensors represent a paradigm shift in processing Read Article
What Is an RJ-45 Connector What Is an RJ-45 Connector? A registered jack 45 (RJ-45) is the most common connector in wired networks. Understanding the basics of these connectors is a must for anyone working with Ethernet or LAN networks. RJ-45 connectors are the industry standard for creating stable, high-speed network connections. Knowing how they work, how to wire them, and the different types available is essential for engineers, IT professionals, and DIY enthusiasts. Join us as we explore RJ-45 Read Article
Contract Manufacturer 5 Golden Rules for Finding Your Perfect Contract Manufacturer You're sitting in a conference room, waiting for your contract manufacturer's account team to show up. They're late. Again. This is the third delay this month, and your product launch is less than two weeks away. As your frustration builds, you can't help but wonder if this partnership was a mistake. In this article, we'll reveal five critical rules that could have prevented this situation—and show you how to avoid it in the future by choosing Read Article
Engineers and Product Managers Collaboration Give-and-Take: 6 Ways Engineers and Product Managers Can Help Each Other Forget everything you've heard about rivalry between engineers and product managers—it's a paradigm that needs to die. Today's tech world moves too fast, and the only way forward is through give-and-take collaboration. This article uncovers six ways engineers and PMs can avoid butting heads and stay focused on the mission. 1. PMs: Share the Big Picture; Engineers: Share Technical Constraints Give: PMs can help engineers by providing a clear Read Article
ChatGPT Hack The ChatGPT Secret That Will Level Up Your Performance There is a hidden ChatGPT tool that can save you countless hours of manual work. Custom GPTs may be the best-kept secret in the AI world for procurement professionals. Want to know how they work and what they can do for you? Keep reading to find out. Why ChatGPT Is a Big Deal (And What's Next) First, let's update ChatGPT's evolution with several key milestones: GPT-3.5 (November 2022): Public release of ChatGPT, which quickly gained massive Read Article
global electronics manufacturing sector 5 Top Economic Headlines Impacting You The global electronics manufacturing sector is always grappling with economic volatility, shifting demand, and geopolitical uncertainty. Here's a quick guide to the latest economic news affecting electronics and some actionable steps for managing procurement and supply chain impacts. Economic Slowdown in the North American Electronics Sector Just the Facts The North American printed circuit board (PCB) sector has faced significant headwinds in Read Article
Back to Home
Altium Designer Logo

Take advantage of the world's
most trusted PCB design system.

One interface. One data
model. Endless possibilities.

Effortlessly collaborate with
mechanical designers.

The world's most trusted
PCB design platform

Best in class interactive
routing

View License Options
Get Access to Altium 365

Start Using Altium 365

Contact us

Thank you, you are now subscribed to updates.