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Research by Kearny of the high-end technology manufacturing industry found a 53% increase in total inventory levels between 2019 and 2022. The impact of COVID-19, among other supply chain disruptions, saw top companies in this segment accumulate more than $250 billion in inventory. A lot of these parts could now already be classified as excess and obsolete (E&O) stock.
A study by MIT Sloan and BCG found that although 90% of executives find sustainability important, only 60% of companies incorporate it into their business strategy. This stark statistic highlights how difficult it is to motivate business leaders to make changes for the benefit of the environment.
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.
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.
Have you ever felt out of the loop in the electronics industry? If you often find yourself mixing up OEM and EMS or mistaking a BGA for a BOM, Component Sense is here to help!
