The Monthly Newsletter - August 2023
Industry News:
Intel Awarded €90M to Expand Operations into Oregon - Intel have received approval on $90 million in funding as part of the recent Oregon Chips fund. This is the first announced expenditure from the $260m to improve semiconductor activity in the region.
Global General Electronic Components Market Set to Skyrocket to €789.81 Billion by 2030 - The global general electronic components market, industry experts project a significant upswing, with its market value anticipated to soar to $789.81 billion by 2030.
DiscoverIE Acquires Silver Telecom for ￡21M - UK-based DiscoverIE Group has added high-speed internet module specialist Silvertel to its family of companies.
Analog Devices to Invest €1 Billion into Oregon Plant - Analog Devices are set to make a major investment into its existing semiconductor wafer fab in Beaverton, Oregon. The site is ADI's largest wafer fab facility, supporting customers in industries such as industrial, automotive and healthcare.
AMD to Invest $400M into India - AMD have revealed an ongoing growth plan in India, made up of an estimated $400m investment over the next 5 years. This includes a brand new AMD campus in Bangalore, Karnataka that will serve as the company’s largest design centre.
Nokia Partners with Sanmina to Manufacture Key Electronic Components for US Fibre Optic Broadband Networks - Nokia will manufacture its key electronic components for fibre-optic broadband networks in the USA, in a new partnership with electronics manufacturer Sanmina.
TSMC Confirm First European Chip Plant with $10B German Fab - TSMC have announced their pans to develop their first ever chip plant based in Dresden, Germany, in a project worth more than $10 billion. TSMC will own 70% of the project and will work with three European partners; NXP, Infineon and Bosch, each with a 10% stake.
2023 Electronic Components Market Business Insights till 2030 | Exploring Latest Industry Trends and Challenges - The Electronic Components market size was valued at USD 473805.0 million in 2022 and is to expand at a CAGR of 4.9% , to reach USD 631380.0 million by 2028.
Scanfil Invest €20M into Poland Facility Expansion - EMS provider Scanfil have announced an investment on €20m into a new factory building at their Sieradz facility in Poland. The new building is expected to increase the factory floor area by over 70%.
Global Distributor Mouser Electronics Adds 29 New Manufacturers in the First Half of 2023 - Mouser Electronics, Inc., the industry's leading New Product Introduction (NPI) distributor continues to expand its line card by adding 29 new manufacturers to date in 2023.
Electronic Component Sales Trends Improve in July - Electronic component sales trends, similar to the U.S. manufacturing index, saw improvement in July. Although both indexes are still in contraction territory, the ECIA’s sales trend index (ECST) rose by 6.7 points in July to reach a level of 83. The outlook for August points to a recovery of overall sentiment to 94.7, the highest level since July 2022.
Bosch Open €65M Semiconductor Test Centre in Malaysia - German giant Bosch has extended its testing base into Malaysia, investing €65m into an 18,000 square metre facility of clean rooms, office space, and labs for quality assurance and manufacturing.
Active Opportunities:
UK Sales Roles:
Vertical Segment Sales Manager?- Franchised / Up to ￡60k + benefits / UK Wide
Area Sales Manager?- OEM / Up to ￡44k + benefits / South West
(NEW) - Area Sales Manager - Franchised / Up to ￡50k + Benefits / Midlands
Business Development Manager?- EMS/ Up to ￡55k + benefits / West Midlands
(NEW) Business Development Manager?- CEM / Up to ￡50k + benefits / North
Business Development Manager?- Franchised / Up to ￡50k + benefits / North
Business Development Manager?-?CEM / Up to ￡40k + Benefits / UK Wide
(New) Account Manager / Technical Sales - Franchised / Up to ￡45k + benefits /North UK
Technical Sales Manager?- Franchised / Up to ￡45k + benefits / UK Wide
Account Representative?- Franchised / Up to ￡40k + benefits / Hybrid, Buckinghamshire or Manchester
UK Marketing Roles:
(NEW) Customer Marketing Manager - Franchised / Up to ￡50k / Oxfordshire
(NEW) Customer Marketing Executive - Franchised / Up to ￡35k / Oxfordshire
UK Internal Sales Roles:
Key Account Manager?- EMS / Up to ￡40k + benefits / Internal, Berkshire
Sales Team Lead - Independent / Up to ￡35k + benefits / West Essex
Technical Sales - CEM / Up to ￡35k / Internal, Warwickshire
(NEW) Internal Sales - Franchised / Up to ￡35k + Benefits / Hampshire
(NEW) Buyer - Franchised / Up to ￡35k +Benefits / Hampshire
UK Product Management Roles:
Head of Semiconductors?- Franchised / Up to ￡60k + benefits / Hybrid, Manchester
Product Marketing Manager (Opto/Semis)?- Franchised / Up to ￡45k / Internal, Manchester
Product Marketing Manager (Emech)?- Franchised / Up to ￡45k / Internal, Manchester
UK Engineering Roles:
(NEW) Field Application Engineer - OEM / Up to ￡60k + benefits / UK Wide
NPI Engineer?- CEM / Up to ￡40k / Internal, Warwickshire
Quality Engineer?- EMS / Up to ￡34k + benefits / Internal, Berkshire
(NEW) Solderer - EMS / Up to ￡28k / Bedfordshire
European Roles:
Regional Sales Manager (Iberia)?- OEM / Up to €80k + benefits / France
Regional Sales Manager (Italy) - OEM / Up to €70k + Benefits / Italy
领英推荐
(NEW) Regional Sales Manager (Dach) - OEM / Up to €110k + Benefits / DACH
(NEW) Area Sales Manager (Denmark) - Franchised / Up to €72k + Benefits / Denmark
Internal Sales Rep?- OEM / Up to €39k + benefits / Toulouse
(NEW) - Internal Sales Rep - OEM / Up to €40k + benefits / Milan
US Roles:
Sales Account Manager?- Independent/ Up to $80k / Remote
Sales Account Manager - Independent / Flexible / Remote (UK, EU, US)
(NEW) Account Representative - Independent / Flexible / Remote (US, EU)
Please Note: Any other roles posted during the past month that aren't on this newsletter are now closed.
If you are interested in finding out more about these roles, simply click on the direct link to the role or you can click on the link below to view all of our active opportunities.
Obsolescent Components:
With the demand for semiconductors increasing, it is likely that we will see an acceleration of end of life (EOL) and obsolescence of specific nodes. The rate of obsolescence on semiconductors has increased by 30%, resulting in a continuously shrinking component lifecycle which could lead to a decrease of certain parts life span from 10 years to 7 years.
The Causes:
Planned Obsolescence to Promote Sales: Despite many countries banning planned obsolescence, it is still rampant in some industries meaning that companies are either planning to discontinue components, are designing products to break quickly into the market, or become obsolete in the short to mid-term to promote sales of new products. Product discontinuation force customers to commit to traditional last time buys where finished components must be purchased all at once to cover future needs, resulting in increased costs on top of capital tied up in stock. ?
Continuous Technical Advancements: The continuous development of technology and applications is leading OEMs and Semiconductor Manufacturing chains to reassess their product profitability, causing them to shift their production and cut uneconomical lines to keep up with shifting demand within the industry. An example of this is the rapid innovation in lower voltage components which is leading to the increased obsolescence of programmable-logic devices (PLDs) with the introduction of field-programmable gate arrays (FPGAs), which are now typically below 2.6 volts and go as low as 0.85 volts.
Company Acquisitions: When electronic suppliers acquire another supplier, the newly merged company often discontinue some of their product lines to eliminate product redundancy. For example, Freescale merged with NXP and then Qualcomm purchased NXP for $39 billion dollars leading to product overlap leading to certain product lines being discontinued to push customer to the products that have the best features.
The Effects:
Effects on High-Reliability Markets: Some industries are more restricted than others meaning that certain components must meet specific requirements before entering the market which can take significantly longer due to them having to go through clinical trials, data collection and reviews of quality systems. Because of the critical tasks high-reliability components perform, component obsolescent poses a monumental threat compared to consumer electronics as these applications rely on the accessibility of legacy components (Longer lifespan, more stable and high energy outputs) which are also seeing a rise in EOL announcements. ??
Supply Chain Disruptions: Component Obsolescence can disrupt supply chains due to the rippling effects of EOL announcements which can lead to OEMs mass-buying already limited stock to keep up with demand leading to component shortages. An example of this was the 2018-2019 MLCC shortage which occurred when OEMs began mass buying after several Original Component Manufacturers (OCMs) gave EOL notices.
Increased Pressures: With the increasing rate of obsolescence, there has been an increasing pressure on engineers with 94% stating that they felt greater time pressure and stress to solve problems more efficiently than they did prior.
Counterfeit Components: Shortages of certain components caused by EOL announcements and discontinuation leads to customers purchasing from alternative sources (as highlighted in the previous article) which increases the risk of companies purchasing counterfeit components. According to Counterfeit reports, EOL, Not Recommended for New Design and Discontinued parts make up 71% of the report since 2013.
Component Damage: Purchasing from alternative sources also increases the risk of introducing damaged components into the market due to existing components being cleaned with chemicals upon recovery, washing and re-marking which can lead to shorting and corroding of bond wires and pads.
Lost Revenue/Increase Costs: Linking to the prior two points, purchasing damaged or counterfeit components can increase costs due to lost revenue as a result of not being able to fulfil orders or issues within applications.
How to Mitigate:
Purchase from Licenced Manufacturers: Partnering with licensed semiconductor manufacturers like Rochester Electronics can mitigate the risks of components EOL as they can access previously discontinued components that are newly manufactured and are 100% compliant with the original specification.
Case Management: Organize and track cases such as processes, transactions or responses that define complex activity to help strategically plan and prepare upcoming component obsolescence.
Remove Design Problems: Removing design problems such as shortage-prone components and those at risk of become EOL as early as the design phase can ensure you avoid introduction these components into new applications.
Market Intelligence Tools: MIT that collect real-time data from historical transactions, trends and other market factors can help to alert engineers of risky components on their BOMs to help them identify alternative sources early on the design stage.
Employee of the Month - July 2023
Employee of the month for August 2023 is Lewis Macknight !!
Lewis continuously sets a glowing example for everyone in the?MR-Solutions Ltd?family, not only does he manage his own desk tremendously but also supports his colleagues in every aspect of their role, ensuring they can learn and build successful careers with us!
For more information about MR-Solutions or to speak to a member of the team, get in touch, our details are down below! ????
MR-Solutions Ltd -?+44 (0)1908 752 080
MR-Engineers -?+44 (0)1908 014 437
Michael Roberts?- Founder/Director - [email protected]
Lewis Macknight?- Commercial Director - [email protected]
Zoe Carter?- Delivery Manager - [email protected]
Marcus Jacques?- Recruitment Consultant - [email protected]
Richard Hepburn?- Recruitment Consultant - [email protected]
Jamie Bye?- Market Resourcer - [email protected]
James Neale?- Market Resourcer - [email protected]
Absolutely intrigued by your deep dive into the world of obsolete components! ?? Albert Einstein once said, "The measure of intelligence is the ability to change." Adapting to this ever-evolving scenario is key. ?? Perhaps next month, exploring the role of innovation in overcoming obsolescence could spark interest? By the way, speaking of innovation, Treegens is proud to support a Guinness World Record attempt for Tree Planting. This could be an exciting opportunity for MRSolutions to get involved! ?? https://bit.ly/TreeGuinnessWorldRecord