Mobile menu
Octopart
Resources Octopart Edgewater Research: Electronics Supply Chain Weekly Digest 09-15-23

Edgewater Research: Electronics Supply Chain Weekly Digest 09-15-23

Dennis Reed
|  Created: September 15, 2023  |  Updated: July 1, 2024
|  Open as PDF
Important Disclosures in the Appendix

Edgewater Research

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

DATAPOINT OF THE WEEK:

TSMC has told major equipment suppliers to delay delivery of high-end machines due to the company growing increasingly nervous about customer demand, according to Reuters citing sources. The instructions by TSMC are aimed at controlling costs and reflecting the company’s growing caution about the outlook for demand.

Headlines:

Auto

  • BMW scraps plans to charge subscription fees for heated seats
  • China auto retail sales up 14% Y/Y from Sep 1 to 10; NEV sales up 40%
  • Gartner forecasts EV shipments globally to grow 35% in 2023 and 19% in 2024
  • The European Union launches investigation of Chinese EV imports; to weigh additional tariffs
  • Auto Imports from China to Germany jumped 75% in 1H23 but Chinese-made vehicles account for only 1.5% of sales finds study
  • SAIC expects to sell more than 1.2 million units outside of China in 2023
  • US auto dealer sentiment steady Q/Q but still cautious says Cox Automotive
  • UAW launches targeted strikes after negotiations with Detroit Three fail
  • US auto sales were flat M/M in August according to Census Bureau data
  • EV sales in the US have reached 7% of the total in 1H23 and have surpassed 1M run rate over the last 12 months
  • VW is cutting planned staffing at its all-EV plant in Germany citing market conditions and slower demand

Industrial

  • Japanese tool orders declined more than expected in July signaling a continued cautious investment environment for Industrial equipment
  • 3M warned of slower growth environment in the current quarter and in 2024

Distribution and EMS

  • WT Microelectronics plans to acquire 100% of Future Electronics for $3.8B

Semiconductors

  • Diodes Inc. expands its portfolio of automotive voltage regulators
  • GlobalFoundries has opened its new $4B fab in Singapore
  • Intel plans to sell 10% stake of IMS Nanofabrication business to TSMC
  • Intel expands its FPGA line-up with cost-optimized offerings
  • Microchip teams up with Intelligent Hardware Korea (IHWK) to develop an analog compute platform to accelerate edge AI/ML inferencing
  • Advanced packing restriction could be the next wave of US bans targeting China speculate in Asia
  • Global fab equipment spending forecasted to decline 15% in 2023 and then rebound 15% in 2024 according to SEMI
  • Sensata launches two new Gigavac contractors for high-voltage applications
  • Qualcomm and Apple have extended agreement for supply of 5G modems to iPhones until 2026
  • Qualcomm’s Snapdragon to be the new shirt partner for Manchester United starting 2024/2025
  • TSMC has formed silicon photonics R&D team to work with Nvidia and Broadcom to optimize AI optical transmission applications
  • TSMC reportedly growing more optimistic about investing in a second fab in Japan amid frustration with US fab

Consumer

  • Apple introduced iPhone 15 asking $100 more for Pro Max models
  • China has not banned iPhones claims a Chinese foreign minister while vaguely mentioning security incidents with Apple’s devices
  • China mobile shipments declined 16% M/M in July, worse than seasonal according to China MIIT data
  • Google extends the lifespan of Chromebooks to 10 years potentially elongating the refresh cycle
Open as PDF

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
Where Does Product Lifecycle Management (PLM) Help with Supply Chain Management? Where Does Product Lifecycle Management (PLM) Help with Supply Chain Management? PLM is a systematic approach to managing the series of changes a product goes through, from its design and development to its ultimate retirement or disposal. SCM, on the other hand, involves the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. The PLM software market is valued at US$47.3 billion in 2023, and is projected to reach US$80.3 billion by 2030, growing at a CAGR of Read Article
India's New Semiconductor Fab Capacity in 2024 India's New Semiconductor Fab Capacity in 2024 As the global semiconductor industry continues to expand globally, several nations are reassessing and fortifying their roles in this crucial sector. This strategic shift aims to ensure their competitive edge and address the industry's evolving needs. Among these nations, India's strategic move to ramp up its semiconductor fabrication capacity by 2024 stands out as a testament to its ambitions in the global technology arena. India’s initiative is Read Article
How to Create a Global Sourcing Strategy for Parts and Production in PCB Manufacturing How to Create a Global Sourcing Strategy for Parts and Production in PCB Manufacturing A global sourcing strategy should consider four dimensions when being formed (figure 1). These dimensions of geography, compliance and finance, resilience, and responsiveness are critical in building a robust strategy for parts and production in PCB manufacturing. The first dimension, geography, pertains to the physical location of suppliers and manufacturers. It involves considerations such as proximity to raw materials, labor costs, and market Read Article
Ensuring Reliable Sourcing in Medical Device Supply Chains Ensuring Reliable Sourcing in Medical Device Supply Chains Key complications include the multifaceted complex nature of medical devices, the intricate assembly process, stringent regulatory requirements, import/export restrictions, and a fiercely competitive landscape, and a need for a continuous improvement (CI) system (figure 1). To navigate these challenges, organisations can take actions to invest in research and development, implement strong quality control measures, build robust regulatory teams Read Article
Exploring Octopart’s Powerful Search Filters You may notice something different about our search results pages on occasion: Our filters are periodically redesigned to improve usability and make them more intuitive. Here’s a rundown of our current search views and filters. Two Views to Choose From: Price View and Specs View Whenever you perform a search on Octopart, you’ll be taken to one of two search results views: Price View or Specs View. See Figures 1 and 2. With each view, at the top Read Article
Where Companies Are Going After They Leave China Where Companies Are Going After They Leave China Looking to build resilience through diversity, companies have begun exiting China in favor of friendlier shores. Let's take a look at where companies are going and why. Following economic reforms that provided tax breaks, subsidies, and other incentives and thereby opened China's proverbial doors to foreign investment, China swiftly became the world's most popular manufacturing hub. Low labor costs and a robust infrastructure, including roads Read Article
4 Key Certifications for Electronic Parts Distributors 4 Key Certifications for Electronic Parts Distributors In the rapidly evolving electronics industry landscape, parts distributors are under growing pressure to demonstrate compliance with a range of certifications that are pivotal in ensuring product quality, environmental responsibility and operational safety. These certifications are influencing many facets of electronic parts distribution from supply chain management to end-user satisfaction, with the potential of providing a strategic Read Article
The Chip Demand Rebound is Slower Than Expected; Here's Why The Chip Demand Rebound is Slower Than Expected; Here's Why While the overall success of the semiconductor industry hinges on teetering supply and demand, the industry strives for equilibrium between them. Particularly in Taiwan, national trade for technology purposes relies heavily on this as chips make up more than 15% of its gross domestic product (GDP). While semiconductor supply increases, reduced purchases of advanced technologies slows demand as companies make cuts in the wake of the global Read Article
Overview of TSCA’s New PFAS Requirements Overview of TSCA’s New PFAS Requirements Quick Reference Guide: Important Dates and Resources For most covered entities: The EPA submission period begins on November 12, 2024, and closes on May 8, 2025 Toxic Substances Control Act Section 8(a)(7)- Published October 11, 2023 Central Data Exchange (EPA’s electronic reporting site) Toxic Substances Control Act (TSCA) TSCA Chemical Substance Inventory Instructions for Reporting PFAS Under TSCA Section 8(a)(7) (EPA) FOR FURTHER INFORMATION 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
Try Altium Designer
Which best describes you?
Step 1 of 2
Try Altium Designer
Which best describes you?
I’m a Professional
I’m a Student University Email Required
I’m a Hobbyist
Thank you, you are now subscribed to updates.