When assessing how the electronics industry impacts the natural world, many use the terms ‘double-edged sword’ or ‘necessary evil’. Staking a claim as one of the global economy’s largest industrial sectors, what we produce in our electronics industry can cause damage but also do a lot of good. This blog will look at both sides of the coin and the importance of corporate social responsibility.
Many electronic manufacturers put excess and obsolete (E&O) component stock in the ‘too-hard’ basket. These companies are missing out on an extra revenue stream. Plus, failure to act means they are contributing to global electronic waste (e-waste) pollution.
The e-waste produced worldwide each year is worth over $62.5 billion. A tonne of e-waste contains 100 times more gold than a tonne of gold ore. Gold is just one of many precious metals used in microchips.
There is money to be made with excess inventory, so where are companies going wrong?
You may have heard of quiet quitting, but what about climate quitting? If this phrase is new to your vocabulary, you are not alone. Climate quitting was only coined about a year ago and gained popularity after COP28. This new movement should be on the radar of electronic manufacturers that want to attract and keep top talent.
In the modern day and age of digital innovation, having the right equipment at your disposal can make all the difference. Introducing this week’s hot stock, Xilinx’s XC7A35T-2FGG484I model is one of the manufacturers’ many FPGAs and is a powerful and versatile component that will allow engineers to open doors to new possibilities.
