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People, Expertise, and Testing: Delivering Quality - Behind the Scenes

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Market Intelligence

STAY INFORMED WITH SMITH’S DYNAMIC MARKET INSIGHTS

The global electronics market is always changing. Stay informed on the best procurement and inventory strategy decisions with Smith’s market intelligence.
Market Byte 2.7.2023
Backlogs are diminishing for most ICs made for the consumer-electronics markets, including PCs, tablets, smartphones, and other products. Concurrently, excess inventory for consumer-electronics ICs is growing.
Market Byte 2.2.2023
The automation industry’s growth will likely continue in 2023, especially in complete robotic systems created for manufacturing and warehouses. One growing automation trend is RaaS – robots-as-a-service – which offers smaller companies the opportunity to lease needed robotic help from larger companies that maintain the products.
Automotive Insights Market Byte 2.1.2023
Automakers around the world have continued to cut their production, axing nearly 70,000 vehicles from their global production plants last week as the semiconductor shortage continues into its third year. Asia currently appears to be the most impacted of the global automaking regions.
Market Byte 1.31.2023
Stimulus programs for semiconductor production continue to be instituted around the world. The United Kingdom’s government will provide direct taxpayer funding to support British semiconductor companies as part of a strategy to ramp up chip manufacturing in the region within the next three years.
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