Component Sense Blog

Tag: Supply Chain

Samsung Warns of Deepening Chip Shortage

Samsung Warns of Deepening Chip Shortage
Samsung, one of the world's largest makers of chips and consumer electronics, has issued another blunt warning to the electronics market amid the global shortage of semiconductor chips. According to recent reports, Samsung warns of a “serious imbalance” in the semiconductor industry, as shortages continue to cause disruption. The tech giant also hinted that the next Galaxy Note smartphone could be delayed until 2022, in order to streamline production lines. “There’s a serious imbalance in supply and demand of chips in the IT sector globally,” Samsung’s co-Chief Executive Officer, Koh Dong-jin, said during an annual shareholder meeting in Seoul. “Despite...

Global Chip Shortage 'Crisis' Hits Car Manufacturers

Global Chip Shortage 'Crisis' Hits Car Manufacturers
In recent weeks, car manufacturers around the world have been hit by a serious a serious shortage of semiconductors, prompting them to halt output, and putting the brakes on their post-pandemic recovery. The problem stems from the convergence of two key factors; the failure to forecast a sudden rebound in demand towards the end of 2020, coupled with the rise in sales of consumer electronic devices throughout the Covid-19 pandemic, such as tablets, laptops, 5G smartphones and gaming consoles. It also highlights the complexity of car companies’ supply chains, in which a single vehicle can require up to 30,000 parts....

Manufacturers Must Rethink Global Operations Following Covid-19

Manufacturers Must Rethink Global Operations Following Covid-19
A new study by the University of Birmingham reveals that in light of the coronavirus pandemic, manufacturers must move away from single production facilities in low-cost regions, in order to minimise risk. The study suggests that production should instead focus on having numerous facilities around the world, including re-shoring, to strengthen resilience. Researchers reported that the concept of value should be broadened beyond profit to include factors such as speed, customisation, reliability, and “place-based affiliations” to redraw global production networks (GPNs). Based on a study of 91 US manufacturing companies, the report found that Covid-19 had shown the most effective...

Lockdowns are Wreaking Havoc on Tech Supply Chains

Lockdowns are Wreaking Havoc on Tech Supply Chains
Electronics manufacturing is particularly exposed to problems caused by the COVID-19 pandemic, largely thanks to a combination of just-in-time manufacturing processes and a far-flung network of suppliers. Last week, analysts at research firm S&P Global painted a bleak picture, citing a 59.5% decline in US seaborne imports from China during the first three weeks of March 2020, resulting from China's nation-wide lockdown. Meanwhile, subcontracting firms such as Foxconn, are considering moving their operations outside of China where possible. One of Apple's manufacturing partners, Wistron Corp, recently stated that half of its capacity could reside outside China within one year. Electronics...

Component Sense Covid-19 Update

Component Sense Covid-19 Update
We want to reassure our customers, clients and business partners that while the coronavirus (Covid-19) situation is evolving and creating increasing uncertainty across the markets, Component Sense is currently still trading and shipping orders. Based on the location of our headquarters, employees, and on the advice of respective local governments, a large part of our global team are now working remotely in order to achieve social distancing. This is to both safeguard our staff and to ensure that we can continue to provide a high level of service. We will keep you updated with any developments as information comes to...

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