Tuesday, 21 April 2015

Cyclops Electronics has a new website!

We are very excited to announce the launch of our fantastic new website!
Our new site looks great, works better than ever and has a host of features to make finding your electronic components simple and easy:
The new website is easy to navigate and contains loads of great information about the company and the services we can offer you. Take a look for yourself and let us know what you think:


Wednesday, 15 April 2015

Latest amendments to EU proposals on Conflict Minerals

The latest proposals and updates to the Conflict Mineral Regulations have been debated in the European Parliament. The majority of the initial proposals and most recent amendments were approved, however there was some debate over which businesses the Act should be concerned with. In its current state the regulations would only require EU based smelters and refiners to voluntarily get certified.

Some of the MEPs would prefer it if all importers of goods containing conflict minerals had to register under the scheme, not just smelters and refiners. There was also call from some members to make it a mandatory scheme rather than voluntary and even to apply it to other metals and minerals not just the currently established conflict minerals (Tin, Tungsten, Tantalum and Gold)

The current proposals for the regulations don't go as far as the Dodd – Frank bill which is the equivalent in the US. The American bill requires manufacturers to file a Conflict Minerals Report and are expected to exercise due diligence on the source of their conflict minerals. However, the EU proposals don't just focus on the Democratic Republic of Congo but also Columbia, Afghanistan and Myanmar amongst others.

The new amendments and draft bill will be voted for in May. Of course we will keep you up to date with what happens next. Just subscribe to the blog or follow us on Twitter.

Tuesday, 14 April 2015

Fabulous results for semiconductor companies

The official sales results for the semiconductor industry are in and they are exceptionally great.
The total overall sales for 2014 is $340.3 billion, which has risen 7.9% from 2013!

 What is interesting, and even more good news, is that all device categories have seen some growth, not just a handful as occurred over the last few years. The memory market is still performing the best overall as it has grown 16.6%.

Intel are still top dog as they retain the number one market share position – and this is for an impressive 23 years in a row! Not only do they possess a 15.4% share of the overall market, they have grown 7.7% from 2013. Even with PC sales declining, Intel have still managed to perform incredibly. Samsung are chasing them down though, sticking in second place with a 10.2% share of the market. Having achieved some good sales with their own Galaxy smartphones and the excellent partnerships with Apple and Nvidia, they have managed to grow significantly more than Intel with a growth of 13.4%

The figures for the industry as a whole are heading in the right direction and this is fantastic news for every one of us in the semiconductor industry!

For a more in depth look at these results from Gartner, check out their report on their website here:

Keep up with all the news in our successful industry by subscribing to our blog, following us on Twitter or connecting on LinkedIn!

Thursday, 9 April 2015

EU Legislation – Conflict Minerals

Draft amendments were made to the EU legislation proposals last week and are due to be voted on early next week around the 13th-14th April. The amendments laid out by the European Commission include:
  • Still want a list of 'responsible' smelters and refiners but want to add provisions for recycled materials as they have already gone through a life cycle process
  • Want to add a list of responsible importers, as well as smelters and refiners
  • Commission to draw up the list of responsible importers
  • A 2 year transitional period wanted to allow the European Commission to set up a third part audit system
  • Any existing industry schemes which can be recognised as equivalent to the new requirements will still be allowed
  • The information on responsible refiners and smelters will be updated and published regularly, including being made available on the internet
Hopefully these proposals will be undertaken and the legislation will pass through quickly. Having a self certification system and a list of responsible smelters and refiners will help all of us who deal with Conflict Minerals.

For more information subscribe to our blog or you can find out more here.

Wednesday, 1 April 2015

Happy Easter to you

Hopefully the Easter bunny will bring you lots of treats this weekend!

The Cyclops office will be closed over the Easter weekend from Friday 3rd April and reopen again on the 7th April at 8:45 (GMT)

Our website is available 24/7 for you to submit web reqs and enquiries. You can also keep up to date with all the latest news by following us on Twitter, liking us on Facebook or connecting on LinkedIn.
'Hoppy' Easter!

Happy Easter and enjoy the long weekend from all at Cyclops Electronics!!