Electronics Industry News: July
As a leader in electronic component distribution, Aegis Components knows the importance of market awareness and staying up to date on the latest events and news in the electronics industry.
Please enjoy our compilation of electronics industry news for the month of July.
Analog Devices acquires Maxim Integrated for $21 billion
Analog Devices (ADI) is poised to acquire $20.91 billion of its rival chipmaker’s stock, Maxim Integrated. making it the largest M&A deal of 2020. According to Analog Devices, this all stock transaction has already been approved by both company’s boards, and would create combined enterprise valued over $68 billion.
This deal will result in:
- Analog Devices paying $0.63 for each Maxim share.
- Two of Maxim’s directors will join ADI’s Board of Directors, including Maxim President & CEO, Tunç Doluca.
- Deal is expected create $275 million of cost synergies by the end of second year.
- Transaction is expected to close in the summer of 2021.
Gartner determines top supply chain tech trends for 2020
Gartner analysts have selected strategic supply chain technology trends that have a high potential for positive impact in the electronics industry.
These trends include:
- Digital Supply Chain Twin (DSCT)
- Continuous Intelligence
- Supply Chain Governance and Security
- Edge Computing and Analytics
- Artificial Intelligence (AI)
- 5G Networks
- Immersive Experience
For the first time, Huawei has taken the lead in global smartphone shipments.
According to a report from the International Data Corp., the Chinese company that has been blacklisted by the U.S. government is now leading the industry with 55.8 million smartphones shipped in the second quarter of this year.
Qualcomm signs patent licensing deal with Huawei
Qualcomm and Huawei, leading manufacturers in the electronics industry, have reached a deal to settle their long-running patent licensing dispute. This global licensing agreement grants Huawei rights to some of Qualcomm’s patents effective January 1st. Huawei will pay Qualcomm $1.8 billion for back royalties owed for 2019 and the first six months of 2020.
Following the peak of COVID-19’s spread, electronic manufacturers are beginning to resume production and the industry is progressing toward a degree of normalcy. If your facility has resumed production or is preparing to, we invite you to contact us today. Aegis Components’ procurement efforts are based on the principle of supplying high-quality components to our clients 100% of the time, and we are eager to fulfill any of your electronic component requirements. Contact us today!
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