Tuesday, 25 March 2014

UK Government To Invest in Electronics Manufacturing Sector

The UK government has agreed a £4.75 million investment in the UK's electronics manufacturing sector.

The Technology Strategy Board (TSB) will use the money to fund collaborative research and development and feasibility studies, intended to stimulate innovation and growth in the manufacturing of electronic systems.

TSB said, “We are looking to fund projects that explore novel manufacturing processes that could lead to new ways of making products in future. The early exploitation of these processes should improve competitiveness by enhancing functionality, reducing size or cost, adapting form and/or enabling rapid scale-up.”

According to the government, the UK has more than 5,500 companies that design and manufacture electronic systems which contribute around £78 billion (5%) to the UK GDP.

TSB are seeking to fund business-led collaborative R&D with up to 50% public funding for project costs (SMEs can get 60% funding). TSB expect that collaborative R&D project costs to be up to £500k and for projects to last between 12 and 24 months.

The deadline for registration is noon 26th March 2014 and the deadline for expression of interest for collaborative R&D projects, and for applications for feasibility projects, is noon 2nd April 2014.

To read the article in full, please visit the Technology Strategy Board website.

Tuesday, 11 March 2014

Event: Managing Conflict Mineral Issues in a Non-Consumer Environment 2014

'Managing Conflict Mineral Issues in a Non-Consumer Environment 2014' is a brand new event being held on 17th June 2014 in Elstree, UK. It will cover the issued faced when dealing with conflict minerals in the non-consumer industry.

Conflict minerals has been an area of high focus for the consumer industry over the last few years. Apple, Intel, Motorola and Hewlett Packard have all publicly addressed the issue and have emphasised their efforts towards achieving a conflict free supply chain.

As the issue of conflict minerals also extends into professional and industry markets such as Automotive, Defence and Medical, business owners are attempting to rapidly gain knowledge on this complex subject.

'Managing Conflict Mineral Issues in a Non-Consumer Environment 2014' is a focused event for engineers, project managers, procurement specialists and business owners who are seeking to understand this new supply chain threat.

The event will give a social and political history, feedback from engaged manufacturers and distributors and practical guidance from compliance scheme operators. It will also give attendees the chance to learn what tools and processes they'll need to understand in order to satisfy requests from customers to confirm their compliance.

The US Dodd-Frank Wall Street Reform and Consumer Protection Act law (Section 1502), dealing with conflict minerals issues, came into effect in 2010 and only affects companies who trade with the US. This law will however be be supplemented later this year with extensive European legislation.

To find out more about the event, to register, or to view the programme and keynote speakers, please follow this link to the registration page.

Cyclops Electronics fully support the Conflict Mineral Law, visit our website to read our Conflict Minerals Statement.

Monday, 10 March 2014

Semiconductor Industry: Highest-Ever January Sales Recorded

The Semiconductor Industry Association (SIA) announced that worldwide sales of semiconductors reached $26.28 billion for the month of January 2014. This was an increase of 8.8% from January 2013 when sales reached $24.15 billion, meaning this was the industry's highest-ever January sales total.

Global sales from January 2014 were 1.4% lower than the December 2013 total of $26.65 billion which reflects normal seasonal trends.

“The global semiconductor industry has built on its record revenues from 2013 with an impressive start to 2014, led largely by continued strength in the Americas market,” said Brian Toohey, president and CEO, Semiconductor Industry Association. “Sales in January were up across most regions and nearly all product categories compared to last January, which bodes well for continued growth during the rest of 2014.”

Regionally, year-over-year sales increased in the Americas by 17.3%, Europe by 11.3%, and Asia Pacific by 8.3%, but decreased in Japan by -4.7%. Sales were flat in Europe compared to the previous month, but decreased slightly in Asia Pacific by -0.6%, Japan by -2.3%, and the Americas by -3.5%.

To read this article in full, please visit the SIA website