Thursday, 26 September 2013

Your Opinion Counts, Read The Results From The Cyclops Electronics Service Evaluation

I am pleased to announce the results of the recent Cyclops Service Evaluation.

The survey was conducted by selecting 330 company contacts at random from the last 12 months.

Thank you very much to everyone who took part, your feedback is really important to us. These results will help us to develop and improve our services in the future in order to serve you better.

And Here Are The Results...

"Answering Enquires" and "Communicating Effectively and Regularly" were rated as our top performing qualities with 91.7% of customers rating us as excellent or very good.

97% of customers said that they would contact Cyclops again when requiring an independent electronic component distributor.

"On Time Delivery" was seen as the most important quality that customers look for when buying from a distributor. 91.1% of customers rated our delivery as excellent or very good.

The main fears or frustrations when buying from an independent distributor were receiving counterfeit parts or not having the traceability back to the manufacturer.

The part search database was the most frequently used resource on the website with 23.5% of customers using this often or sometimes.

LinkedIn is the most used social media platform with 32.4% of customers using this to connect with other professionals or source information.

We Are Developing Our Services Too!

Over the coming months we will be developing our service offerings using the results from our recent service evaluation. We have already redefined and developed our key service features.

View our NEW 7 Great Reasons to choose Cyclops Electronics as your independent electronic stocking distributor.

If you have any comments or feedback from our recent service evaluation, please get in touch or leave any comments in the box below.

Are You Up To Date With RoHS?

These Regulations implement the RoHS Directive which bans the placing on the EU market of new electrical and electronic equipment containing more than the agreed levels of lead, cadmium, mercury, hexavalent chromium, polybrominated biphenyl (PBB) and polybrominated diphenyl ether (PBDE) flame retardants.
Manufacturers, authorised representatives, importers and distributors need to understand the requirements of the RoHS Directive to ensure that they comply.
- See more at: http://www.bis.gov.uk/nmo/enforcement/rohs-home#sthash.z1g6Sss5.dpuf
The Restriction of Hazardous Substances Directive (RoHS 1) came into effect in 2003. Then, in 2011 RoHS 2 came into force replacing RoHS 1 on 2nd January 2013. 

The RoHS Directive bans the placing on the EU market of new electrical and electronic equipment containing more than the agreed levels of lead, cadmium, mercury, hexavalent chromium, polybrominated biphenyl (PBB) and polybrominated diphenyl ether (PBDE) flame retardants.

Manufacturers, authorised representatives, importers and distributors need to understand the requirements of the RoHS Directive to ensure that they comply.

The RoHS Directive undergoes continual amendments with the most recent coming into force on 22nd July 2014, called the RoHS 2 recast. 

The Main Intentions Behind the RoHS Recast:
-Developing better regulatory conditions
-Increasing the level of legal clarity & certainty
-The adaptation of the Directive particularly within medical devices & monitoring & control instruments
-Aligning & harmonising RoHS with other EU legislation
-Preventing risks to human health & the environment

The Key Differences:
1. Scope:
-A gradual extension of the requirements to all electrical & electronic equipment, cables & spare parts, with a view to full compliance by 22nd July 2019
-Clarification of important definitions
-Provision for a review by July 2014

2. Restrictions of new substances:
-A methodology for the assessment of new hazardous substances in EEE
-The list of restricted substances to be reviewed by July 2014
-Opportunity for member states to propose new substance restrictions

3. Exemptions:
-Clearer & more transparent rules for granting, renewing or deleting exemptions
-obligations for manufacturers to apply for exemptions & to carry out assessments

4. Coherence with other EU-Legislation:
-New Legislation Framework (CE marking & declaration of Conformity)
-Regulation on the restriction, Evaluation, Authorisation & Restriction of Chemical (REACH)

To read the directive document in full please visit the European Commission's website.

Wednesday, 11 September 2013

Koch Industries To Buy Electronics Firm Molex

In a recent announcement, Koch industries have confirmed they are to buy global electronic components company Molex, for $7.2 billion.

Koch Industries are one of the world's largest privately owned companies and currently own a highly diverse group of firms ranging from refining and biofuels, to fertilizers and commodity trading.

Koch Industries has agreed to pay Molex's shareholders $38.50 per share, for a total equity value of approximately $7.2 billion. The deal is expected to close by the end of this year and will see Molex become a standalone subsidiary of Koch. Molex will continue to be operated by the company's current management team and will also keep its existing name and head office, located in Lisle, Illinois.

Martin Slark, Vice Chairman and Chief Executive Officer of Molex said, “this transaction will allow us to build on Molex’s proud past and strengthen us for a powerful future. We are excited to work with Koch to continue our track record of growth and investment in people, innovation and technology.”

Charles Koch, Chairman and Chief Executive Officer of Koch Industries, considers Molex “an exciting acquisition which provides a significant new platform for growth”.

To read the article in full, please click here

We currently hold 2,105,411 Molex parts and have 796 line items in stock. Please visit our website to search our online database.

Friday, 6 September 2013

Cyclops Are to Take Part in The Great North Run

Cyclops employees are to take part in the Great North Run on Sunday 15th September 2013. Here in our York office we held a dress down to show our support for our fellow colleagues. We managed to raise £80 in sponsorship money which will be donated to the The Guy Francis Bone Cancer Research Fund.

This charity was set up by Guy Francis, brother-in-law of Cyclops' Senior Account Manager, Matthew Pannett. Guy lost his fight against cancer in 2002 at the age of 23 years. He felt it was essential that there should be research into the primary bone cancer osteosarcoma, from which he had suffered and for which he had already worked hard to raise funds himself.

To find out more about this worthy charity or to give a donation, please visit the website,
http://www.gfbonecancer.org.uk/

Thursday, 5 September 2013

Explosive Fire at Hynix DRAM Plant

South Korean owned Hynix, said production should resume shortly after an explosive fire broke out at their China based memory chip plant in Wuxi.

The fire started at around 07:50 GMT yesterday during chip equipment installation and was extinguished in under two hours. Luckily no one was seriously injured in the fire, Hynix  stated that there was only one minor injury and the fire was not as severe as it might seem.

Photos taken at the scene by local media show thick, black smoke billowing from the plant,  but Hynix assure that because the fire was concentrated in the air purification facilities, that are linked to the rooftop of the fab, the smoke seemed much worse than it actually was. 


Photo courtesy of chiphell.com

Hynix are the worlds number two maker of DRAM chips and fears that the fire could increase prices yet again (please read our blog post Dram Prices Set to Rise in 2013) are at the forefront of everyone’s minds. Their Wuxi plant produces around 40-50% of their total DRAM output, so suspension of this plant could lead to a shortage in an already tight market.

Hynix has stated that there is currently no material damage to the equipment and therefore they expect to resume operation soon, so overall production and supply volume will not be affected. We will bring you news on this issue as it happens.

To read the article in full, please click here.

Have you thought of scheduling parts to avoid lead times? At Cyclops we offer a free Scheduling Service which will give you complete peace of mind when shortages or long lead times occur as your order can be scheduled up to 12 months in advance, this also helps keep the cost down too.

For more information on our Scheduling Service, please visit our website.