The Impact Chinese New Year 2021 Will Have on The Electronics Industry
Chinese New Year usually falls somewhere between the end of January and the middle of February. Next year in 2021, it is set to commence on 12th February and will be the year of the Ox. Chinese New Year is a time for celebration and is known to cause the largest human migration in the world, resulting in many employees taking time off work to be with family and friends. The holiday period often causes stress for manufacturers who reply on China’s manufacturing supply chain, usually due to lengthy lead times and lack of communication during this period. During the…
Let’s Get the Industry Moving Again
This year has seen one of the worst financial crises since 1929, the Wall Street Crash. The economy has seen a rough start to 2020, with thanks to COVID-19 causing mass disruption for manufacturers globally and over 437,000 deaths within seven months. Same as all major industries, the electronics sector has been substantially affected by the virus in all divisions including events, manufacturing, supply chain and staffing. With COVID-19 grinding spending and production to halt, official data shows that China’s economy suffered a sharp decline of 6.8% in the first quarter of 2020, according to Business Leader. However, from this…
Did You Stockpile Because Of BREXIT?
For those who may not be aware, the United Kingdom held a referendum vote on its relationship to the EU back in 2016. With virtual guarantees that the United Kingdom would remain in the EU – it came as a shock that by a slim margin, more of the public had voted ‘leave’ by a majority of 52% to 48%. The impact of the surprise vote caused lots of uncertainty with UK citizens and has caused industries to become very challenged. The United Kingdom left the European Union on Jan. 31, 2020, only 10 months after its initially scheduled departure…
Latest Trends That Will Transform The Electronics Industry
As you all may know, 2020 has not been the best year so far for the global economy – especially the electronics industry. With COVID19 sweeping the globe, Australian bushfires, and US trade tariffs, we hope 2020 can only go up from here. Within the last decade we uncovered the most breath-taking electronic discoveries – some being 5G, the iPad and electronic-car charging stations. Within this article I am going to talk you though the trends which I believe will dominate the electronics industry within the up and coming years and how you can adapt to them. Robotics Taking Over…