COVID-19 impacts home automation market positively
The home automation market has developed at a rapid rate in recent years, a trend which has been partially accelerated by COVID-19 and the fact that people have been forced to spend more time in their homes due to lockdown measures. This in turn has encouraged more suppliers to enter the sector.
European semiconductor distribution starts flat
The European semiconductor distribution market started with a “flat tyre” into 2021, despite a significant increase in bookings since last quarter. According to DMASS, sales in the European Semiconductor Distribution Market fell by 1.6% to €2.17bn. Sequential growth of 15.6% (against Q4/2020) indicates strong turnaround.
5G already changing smartphone user behaviour
A new report by Ericsson ConsumerLab has highligted the impact that 5G is already having on smartphone users worldwide and what they expect the technology to deliver in the future. Indoor coverage is one of the focus areas to emerge from the consumer research, with one-in-five 5G users already reducing WiFi use on their phones indoors because of the benefits of 5G mobile connectivity.
South East manufacturers aim for growth via Innovation
Manufacturers in the South East are focused on future growth, despite the challenges of the pandemic and Brexit. Although around a quarter do not expect a return to pre-pandemic trading levels this year, some sectors, such as electronics, were seeing encouraging growth.
ESIA committed to using responsibly sourced minerals
At the occasion of the 14th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), the European Semiconductor Industry Association (ESIA) is highlighting the industry’s commitments to source its raw materials in an ethical and sustainable manner that safeguards human rights within the global supply chain.
Cambridge Industrial market supply reaches 15 year low
Bidwells Spring 2021 report has revealed that the Cambridge Industrial market supply has reached its lowest level in more than 15 years. The availability rate has dipped to 3.7%, leaving only a few immediate options for occupiers seeking space.
Embracing new technology key to economic growth
Increasing working hours has not resulted in increased economic growth when compared to other countries because the UK is not embracing new technology, according to tax and advisory firm Blick Rothenberg.
Chinese companies hold only 5% of global IC market share
Regional market shares of IDMs (companies operating wafer fabs), fabless companies, and total global IC sales were led by US headquartered companies in 2020, according to the March Update to The McClean Report 2021.
Digital skills shortfall the biggest business challenge
Almost two-thirds (65%) of businesses see a digital skills shortfall as one of the most significant challenges facing their company in 2021. This is according to new research from the FTSE 250 professional services firm, FDM Group.
Real time data is the key to driving innovation
Analog Devices has announced a newly commissioned study conducted by Forrester Consulting on behalf of Analog Devices, that shows that industrial manufacturers who have made investments in connectivity technologies ('high maturity') are better positioned to drive innovation and gain a competitive advantage compared to firms that have been slower to implement connectivity ('low maturity') across the factory floor.