Mobile menu
Octopart
Resources Octopart Edgewater Research: Electronics Supply Chain Weekly Digest - 8/25/23

Edgewater Research: Electronics Supply Chain Weekly Digest - 8/25/23

Dennis Reed
|  Created: August 25, 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:

S&P reported August Eurozone Flash mfg PMI of 43.7 vs. 42.7 in July and Germany mfg PMI of 39.1 vs 38.8 in July both reflecting a continued decline in output, new orders, and backlog, and stalling employment amid a gloomier outlook, which slid to the lowest level this year. Notably, the weakness in the mfg sector is seen spilling over to services with Eurozone services dipping below 50 for the first time since 2020. In Japan, August preliminary PMI came in at 49.7 vs 49.6 in July reflecting shrinking new orders and output for the third straight month. In the US, S&P flash PMI data deteriorated with August mfg PMI reading of 47.0 vs. 49.0 in July reflecting declines in output and new orders and purchases of input materials. US services PMI declined to 51.0 from 52.3, the lowest in 6 months but remained in expansionary territory.   

Headlines:

Auto

  • China retail auto sales projected to rebound M/M driven by additional OEM price cuts
  • India and Indonesia considering lowering import tax for EVs in return for domestic investments from OEMs
  • Germany vehicle demand is falling in the 2H23 and the market can cool down significantly by year-end says S&P Global
  • German luxury brands seen initiating aggressive discounts in South Korea
  • Tesla cuts its production target in its Germany plant
  • Toyota is pausing production at its Czech factories due to shortages caused by a fire at a local plastic supplier
  • Xiaomi has won the approval of China's state planner to manufacture EVs
  • VW has begun purchasing strategically important chips it believes will be in short supply globally directly from semi suppliers
  • New vehicle sales in the US expected to show big gains Y/Y in August but a modest decline M/M
  • UAW workers overwhelmingly voted in favor of a strike at Ford, GM, Stellantis, if deal is not reached

Datacenter

  • AI servers forecasted to reach 337K units in 2024 say DigiTimes
  • Server ODMs seen expanding footprint and capacity in SE Asia and Mexico

Industrial

  • Siemens to start producing solar inverters in Kenosha, WI

Semiconductors

  • ADI with soft results and outlook; sees inventory digestion continuing for 2-3 quarters
  • MediaTek reportedly planning to use Intel’s 18A technology starting in 2025
  • Nvidia reported 88% Q/Q growth in sales, projecting additional 25% in Oct-Q
  • China OSATs seen reducing prices helped by additional government support
  • Huawei reportedly building secret semi fab facilities in China, avoiding US sanctions
  • Foundries in Taiwan and Korea have begun to temporarily turn off mature process lines due to weak demand
  • China is importing record amounts of semi equipment
  • Vishay signs agreement with Immersion to bundle Haptic technology licenses with IHPT series actuators
  • TI announced low drift isolated Hall-effect current sensors for high voltage systems and shunt monitors
  • Wolfspeed sells its RF business to MACOM for $125M
  • Raw wafer spot prices seen continuing to fall in 2H

Consumer

  • High-end iPhone 15 Pro Max may not be available until Oct due to a shortage of advanced lens components from Sony
  • Demand for Appliances seen deteriorating further in China due to the ongoing property crisis
  • PC market is witnessing intense price pressure due to weak end demand despite the recent normalization of inventory
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
India vs China Manufacturing Looking Into the Future – Can India Take China’s Crown in Manufacturing? India and China, two of the world's most populated countries, have both been on the radar for their potential in the global manufacturing sector. China has long held the crown as the "world's factory" with a robust manufacturing sector and a well-established supply chain. However, India is now actively working to expand its industrial footprint, raising the question: Can India Take China's' Crown in Manufacturing? As India positions itself as a 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
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.