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Resource Articles

Resource Articles

Automobile Industry Estimated Costs From Global Chip Shortage Revised Up To $110B

AlixPartners, a global consulting group, estimates the global component shortage will reduce the auto industry’s revenue by $110 billion in 2021. It previously pegged the sector’s annual losses at $60.6 billion.

Raw Material Shortage Marks Latest Setback for Components Industry

A raw materials shortage is the latest setback for the global components industry. See how this, coupled with the ongoing automobile components shortage, will further impact supply chains around the world.

IBM develops groundbreaking 2nm semiconductor manufacturing process

IBM recently made history by developing a process to manufacture 2nm semiconductors. Its innovation paves the way for a new generation of consumer and commercial electronics.

Chipmakers and Big Tech firms form coalition to push for government chip sector support

A new group of top chipmakers and Big Tech firms recently asked Washington to ramp up funding for the American semiconductor industry.

Why the Global Chip Shortage Will Continue Into 2022

Research firm Gartner, along with several top semiconductor industry executives, believe the global chip shortage will extend into 2022. However, the group also provided OEMs with three tips on how to endure the bottleneck.

4 Tools Electronics Manufacturers Can Use to Improve Workflows

One of the most powerful means of digitalization in the electronic manufacturing space is through application programming interfaces (APIs). Learn more about 3 specific API integrations that Sourcengine has available for companies and their procurement departments..

Intel investing $4.1 billion to upgrade its facilities in New Mexico and Israel

Intel will spend $4.1 billion to expand and modernize its manufacturing capabilities in New Mexico and Israel. It is making the upgrades as part of its IDM 2.0 initiative.

How OEMs, CMs, and EMS companies can mitigate the challenges of the global semiconductor industry

Amid unprecedented worldwide disruption, electronics OEMs need to rethink how they do business in the global semiconductor industry. Sourcengine can help original equipment manufacturers tackle those challenges head on.

Foxconn and Yageo to establish ‘small IC’ semiconductor company

Foxconn and Yageo Corporation are combining resources to found a semiconductor company called XSemi. The new firm will focus on developing inexpensive “small ICs.”

Global Semiconductor Shortage Impact Extends Far Beyond the Auto Industry

The global semiconductor shortage prompted factory shutdowns throughout the automotive industry since it began in late 2019. But the crisis extends far beyond just one sector.