Component Sense Blog

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...

Coronavirus is Disrupting the Electronics Supply Chain

Coronavirus is Disrupting the Electronics Supply Chain
With over 90,000 confirmed cases and over 3,000 deaths, the coronavirus has already spread to over 70 countries in a matter of weeks. Although the situation in China appears to be stabilising, new cases from South Korea, Italy, Iran and beyond are being identified. The World Health Organisation (WHO) has increased the risk assessment of COVID-19 to 'very high' on a global scale, amid fear that the virus could go in ‘any direction’. The outbreak has eclipsed most headlines, and for good reason. The impact of COVID-19 on supply chain, logistics, and the global economy as a whole is worrying....

Researchers Develop a Tiny ID Chip to Tackle Counterfeiting

Researchers Develop a Tiny ID Chip to Tackle Counterfeiting
Electronic components are a popular target for counterfeiting, and are an ongoing problem that costs the electronics industry billions of dollars each year. To tackle the issue of counterfeits entering the supply chain, researchers at the Massachusetts Institute of Technology (MIT) have invented a tiny new ID chip that is small enough to fit onto small electronic components in order to verify their authenticity. While existing radio frequency identification (RFID) tags are becoming increasingly popular as a way of authenticating parts, they are costly to manufacture, too large to fit on tiny components, and require too much power to run...

Coronavirus Hits the Heart of Electronics Manufacturing in China

Coronavirus Hits the Heart of Electronics Manufacturing in China
The spread of the coronavirus, also known as Covid-19, has rattled the electronics industry. From smartphones to LCD televisions, a significant volume of the world’s consumer technology is manufactured in China, or relies on parts made there. China is the world’s largest manufacturer of smartphones, computers and televisions, exporting billions of dollars of electronic goods annually. The new coronavirus has had an obvious and immediate impact on that productivity, with factories and offices halting operations across the country. According to analysts, the global electronic supply chain is likely to take a serious hit, depending on how quickly the virus spreads,...

Chip Industry Suffers the Worst Slump in 2 Decades

Chip Industry Suffers the Worst Slump in 2 Decades
Last year, the semiconductor industry suffered its worst downturn since the dot-com bubble burst in 2001, causing industry sales to plunge by 32%. According to the Semiconductor Industry Association (SIA), 2019 was the industry’s worst annual slump in nearly two decades, with a 12.1% year-on-year drop in revenue to $412.1 billion. “Amid a confluence of factors, including ongoing global trade unrest and cyclicality in product pricing, worldwide sales of semiconductors were down considerably in 2019, falling 12% year-to-year,” commented John Neuffer, president and CEO of the SIA. Q4 2019 showed more promise, with a slower rate of decline in comparison...

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