The End of the Chip Crisis?
You’ve read it right – looks like the global chip shortage is coming to an end, but other challenges await. In this blog, Luminovo’s Laura Berti goes through the latest research findings on the semiconductor industry and what we can expect in the near future.
Second-Hand Smartphone Market Poised for Continued Growth, Apple Secures Close to 50% Market Share, Says TrendForce
TrendForce reports that the global pandemic and extended average device replacement cycles of 36 to 42 months have curtailed smartphone production growth. Consequently, production levels have yet to rebound to pre-pandemic levels. Despite these challenges, the market for refurbished phones has been expanding, representing about 11% of the total market share in 2022 with approximately 167 […]
Jaltek Appoints New Chief Financial Officer to Support Growth
Jaltek, a leading provider of Electronic Design and Manufacturing Solutions headquartered in Luton, UK for over 35 years announces the arrival of a new Chief Financial Officer, Simon Wallington. Simon brings with him significant experience and knowledge of both finance and manufacturing. His expertise includes a broad range of Leadership, Business and Financial Management, Mergers […]
Critical Manufacturing and L&T Technology Services to Support Danfoss’ Smart Manufacturing Journey
PORTO, Portugal – Critical Manufacturing, the provider of innovative, future-ready Manufacturing Execution Systems (MES), announces its partnership with L&T Technology Services Limited (LTTS), a leading Engineering and R&D services company headquartered in India. The strategic alliance initially sees the companies working with the multinational engineering group Danfoss to implement a comprehensive digital framework that harnesses […]
Nortech Systems Reports Revenue Up 13.6% from Prior Year
Gross Margin Expansion of 2.5 Percentage Points from the First Quarter 2022 MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2023 first quarter results for the period ended March 31, 2023. 2023 First Quarter Highlights: […]