U.S. companies lose $200-250 billion in revenue each year because of counterfeit parts. Beyond that, counterfeit parts can cause irreparable harm including reputational damage, compromised national security, and even have life or death consequences.
SETsafe | SETfuse is committed to providing innovative solutions for high standard safety and protection. The manufacturer of circuit protection solutions and components recently launched a new addition to its overvoltage protection solution lineup – the Transient Voltage Suppression (TVS) diode.
You’ve probably heard the term, “supplier diversity” in your line of business. But what exactly does the term mean?
The semiconductor chip shortage that has plagued supply chains beginning in 2020 and have lasted through this year is expected to linger into 2022, and possibly longer, most industry analysts agree. The COVID-19 pandemic has caused shortages across industries ranging from healthcare equipment, to trampolines, to paper, while demand for semiconductor-equipped technologies has only increased.
So you’ve finally procured your desired electronic component. Now what? With the global semiconductor shortage significantly changing the way companies do business, it’s no surprise that some distributors are offering more than just the actual product. So instead of providing only the electronic component, some distributors will include value-added services such as connector assemblies, kitting, special packaging, device programming, and custom design capabilities like enclosure modifications. Other distributors might also offer supply chain solutions in addition to the product, like just-in-time (JIT) deliveries, consignment, and forecast management.
Electric and hybrid vehicle use is rapidly on the rise. According to a recent report from Bloomberg New Energy Finance (BNEF), electric cars could make up 57% of all passenger car sales worldwide. With that rise in electric vehicle (EV) use comes the need for advanced surface-mount fuse technology and highly reliable circuit protection for high-stress automotive applications. Enter AEM.
Today about 7.2 million electric vehicles are on the world’s roads. Why is that? Let’s take a look at the US for example: tighter regulations on CO2 emissions, government incentives, and regulatory policies play a huge role in consumer demands and production of electric vehicles. Another factor that contributes to the growing number of electric vehicles on the road is better battery life—enabling drivers to travel longer distances. The ability to travel further makes these cars significantly more appealing to the general public.
In order for something to break into the mainstream as a displacement technology, it has to overcome four hurdles: performance; cost; production capacity; and, reliability.
When electronic components are hard to find, desperation can set in. Add in the ongoing global semiconductor chip shortage. Plus, the longer lead times. What you’ve got here is a potential recipe for disaster.
Out of stock. Limited supply. One per customer. Phrases that have become more and more familiar in the past year as shortages span across industries today. The Covid-19 pandemic continues to shift countless supply and demand landscapes worldwide. While the global chip shortage continues to persist, the demand for chips only increases. This has set the stage for a potentially dangerous and damaging problem – a sharp rise in counterfeit components.
