INDUSTRY NEWS
ASIA : POWER HOUSE OF SEMICONDUCTOR PRODUCTION
Mike
Asia is the major chip maker in the world and dominate the semiconductor market. Chips are the brain of electronic components and the back bone of the 5G Technology.
Since 1990 , USA’s share of semiconductor manufacturing has declined from 37 percent to 12 percent.
Now , 75 percent of the world’s chip manufacturing is controlled in Asia.
China has been developing its own semiconductor industry with many global chip makers producing in China.TSMC ( Taiwan Semiconductor Manufacturing Company ) , Samsung , SK Hynix , Intel and Micron have a big investment and plants in china.
China plan to meet 70 percent of the global chip requirement through domestic manufacturing in next 3 years.
Memory chip business alone is worth Usd 500 billion. Samsung and SK Hynix controls 2/3rd of the global memory market. These memory chips are increasingly used in crypto mining, artificial intelligence , IPhones etc.
Building a semiconductor eco system is not only expensive but involve hugh supply chain networks , a number of chemicals , consumable parts and chip making equipment .
Asia holds the key to Semiconductor manufacturing .
Technology Powers India’s growth engine
Amy
Large industries along with Micro, Small & Medium Enterprises (MSME’s) are driving India’s
economic growth.
With a skilled labor set of young technology experts, over 63 million MSME’s contribute
30.5% of Indian GDP in FY19 and 30% in FY20 creating large scale employment
opportunities across all industries.
Besides Artificial Intelligence (AI), Data Analytics and Machine Learning (ML), Augmented
Reality (AR) and Internet of things (IoT) are helping small businesses across India.
India’s MSME sector is a crucial cog in the country’s economic machinery.
It also opens new opportunities for the distribution of electronic components for various
industries like Medical, Automobile, Networking, entertainment, mobility etc.
PHOENIX HITECH is also working with MSMEs across India to covert there excess or
obsolete components stocks into cash and working capital.
Delivery Challenges and Supply Chain issues to continue in 2022 and 2023
John Edward
Industry experts predict longer lead times for semiconductors. The Supply
chain would be affected in these challenging economic scenarios with
historical gas prices, inflation, Covid, and Labour shortages.
Supply chain issues would be the new normal for years 2022 & 2023. Automobile, IT, and
Networking industries would be the hardest hit.
These are challenging times for companies dealing in excess inventory and overstock
components - To strike a balance between excess stocks constantly depreciating asset costs
and clearing stocks which is tough to replenish in these challenging times of shortages and
longer lead times.
At PHOENIX HITECH, we work with Original Equipment Manufacturers (OEMs), Electronics
Manufacturers Services (EMSs) to manage the challenges facing their excess and obsolete
stock.
Semiconductor Industry Poised for a Bright Future
Mike Woo
The electronic and semiconductor industry is expected to show strong
growth figures despite Covid-19, Ukraine crises and slowdown in world
economy.
Global sides of semiconductor manufacturer equipment grew 44% to an all times record of
USD 102 billion in 2020. The growth would continue with new technologies, 5G and a major
thrust for countries looking for alternative energy sources.
China, Taiwan and Korea have registered strong semiconductor equipment growth figures.
Even wafer production saw growth. The cost of electronic manufacturing along with
managing obsolete stock remains the biggest challenge for the industry.
To avoid piling obsolete and excess stocks, PHOENIX HITECH helps excess inventory
management for OEM’s, EMS and CEM’s globally.