EV Battery Prices Dropped Significantly in December but are Expected to Stabilize by 2Q24, Says TrendForce
The EV battery market in December pursued its inventory reduction strategy, resulting in a further decrease in cell demand. A combination of a lack of market orders and the suppliers’ need to stabilize cash flow led to widespread low-price sales strategies. This caused a continuous decline in prices across various product categories. TrendForce reveals that the ASP […]
Up Close with Sergey Zorin, Director & Founder, DANNIE.CC
Here is a fascinating account of the history of this EMS company with facilities in Lithuania, Turkey, and China. Sergey Zorin, Director and founder of DANNIE.CC has guided this business from a group of design engineers to its present full scope of manufacturing services in these geographies. He explains the strategy as the company has […]
HANZA completes the acquisition of Orbit One
HANZA AB has completed the acquisition of Orbit One AB, one of the Nordic region’s leading contract manufacturers of electronics and electromechanics with factories in Sweden and Poland. On December 1, 2023, HANZA signed an agreement to acquire all shares in Orbit One AB. The access was conditional on regulatory approvals, which have now been […]
Electronic Components Supply Chain Participants Brimming with Confidence Looking Toward January 2024, According to ECIA’s ECST Survey
ECIA’s Electronic Component Sales Trend (ECST) December 2023 Survey Results Atlanta — Following a year of overall index scores languishing between 72.2 and 90.6, respondents to the December Electronic Component Sales Trend (ECST) survey are suddenly and strikingly optimistic in their expectations for January 2024. The actual sentiment index result for December came in at […]