Electronic Component Industry News: February News Update
The latest electronics industry news, developments, and announcements of February, 2020.
The Coronavirus outbreak continues to plague the electronics industry:
The coronavirus has continued its spread resulting in 89,197 confirmed cases and 3048 deaths as of this writing. Click here for live statistics. The spread has caused disruptions in many segments of the electronics industry.
- Auto sales in China have plunged 20% to 1.61 million vehicles last month.
- Sales of electric vehicles fell by 54%.
- Global smartphone production levels are expected to fall substantially this year and the prices of popular smartphones will likely increase worldwide.
- The production of Apple AirPods has also been hindered, as most of Apple’s suppliers are in China.
Based on the above, we can expect to see continued delays in the production and distribution electronics in China and around the world. These delays will lead to price hikes in components and consumer goods alike.
The International Data Corporation (IDC) has released their preliminary data analyzing worldwide smartphone shipment volumes in the fourth quarter of 2019 (4Q19):
ON Semi looking to sell its Belgian manufacturing facility:
ON Semiconductor says that it is exploring a sale of its manufacturing facility in Oudenaarde, Belgium. The company will begin searching for strategic partners willing to enter an arrangement to facilitate the orderly transition of On Semi products from its Oudenaarde facility to other facilities within the company’s network.
The U.S. is charging Huawei with racketeering:
The US government is accusing Huawei of violating the Racketeer Influenced and Corrupt Organizations Act (RICO), further expanding the list of criminal charges against the Chinese telecom giant.
Qualcomm Introduces Third Generation 5G Modem-RF System:
Qualcomm Technologies announced its third generation 5G modem-to-antenna solution, the Snapdragon X60. The semiconductor and telecom equipment company has also announced that samples of the Snapdragon X60 will ship this quarter, supporting the commercial release of smartphones in early 2021.
Covid-19 forces Italian EMS to shut down plant:
Italian EMS provider MTA, a designer and manufacturer of electronic and electromechanical components for the automotive industry, has been forced to close its Codogno production plant following regulations set by the Italian Minister of Health. We expect the virus to have a similar impact on other manufacturers throughout the electronics industry.
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