Electronic System Design Industry Posts Record $4.7 Billion in Revenue in Q3 2023, ESD Alliance Reports
MILPITAS, Calif. — Electronic System Design (ESD) industry revenue increased 25.2% to $4,702.4 million in the third quarter of 2023 from the $3,756.3 million logged in the third quarter of 2022, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent […]
Electronics Distributors Leverage the Duty Drawback Advantage to Mitigate China Tariffs
The duty drawback refund program, originally enacted in 1789, underwent a modern renovation that significantly liberalized its rulemaking just in time for the imposition of Section 301 “China Tariffs” beginning in mid-2018. Unfortunately, many importers of electronic components do not fully understand the new drawback regime, and as a result miss opportunities to mitigate a […]
Manufacturers are drowning in data — they need a lifeline
“It’s high time for manufacturing leaders to address their organization’s data problem,” says author Brett Hansen, of Semarchy. He explains why the time is ripe for change.