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Economic Outlook: Cascade Systems Technology—The Confluence of Assembly and Advocacy
December 19, 2023 | I-Connect007 Editorial TeamEstimated reading time: Less than a minute
For 2024, how would you describe your economic outlook for the industry and your company's business outlook? What are you optimistic about? What are you worried about?
In 2023, some of our largest customers were impacted by economic downturns or labor strikes that impacted their needs for our services. We saw the end of those issues in late Q4 this year and discussions about new projects are beginning. Additionally, volume opportunities we have worked on with our customers through prototyping and validation stages over the past several years will be going into production next year. For these reasons, our business outlook for 2024 is incredibly positive. We are optimistic that the growth of our existing customers will be strong, while winning new, large customers also looks to be a strong possibility. The combination of manufacturing onshoring with growing demand for semiconductor-based products will drive a strong demand for EMS companies like CST. Our biggest worry is the geo-political environment and the impact it may have on the semiconductor industry next year.
To read this entire conversation, which appeared in the December 2023 issue of SMT007 Magazine, click here.
Suggested Items
The Knowledge Base: A CM’s Perspective on Box Build Practices
04/30/2024 | Mike Konrad -- Column: The Knowledge BaseIn the ever-evolving landscape of electronics manufacturing, the box-build process stands out as a critical phase that bridges the gap between individual component manufacturing and the delivery of a fully functional electronic system. This intricate procedure, encompassing the assembly of everything from PCBs to wire harnesses and mechanical enclosures, demands a high level of precision, efficiency, and innovation. As the electronics assembly industry expands and diversifies, understanding the best practices within box-build assembly has become paramount for manufacturers aiming to stay ahead in a competitive market.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
04/26/2024 | Andy Shaughnessy, Design007 MagazineIn this week’s roundup, we have a variety of articles covering everything from design through assembly, and even box build. I’ve always wondered whether box build was all it was cracked up to be. Do customers really pick one EMS provider over another because one company offers box build? And if you’ve ever wanted to volunteer, IPC’s Thought Leaders Program is looking for a few good technologists to help them on their mission. Check out Stanton Rak’s article, which was published in the spring issue of IPC Community.
NCAB Group Posts Interim Report Q1 2024
04/26/2024 | NCAB GroupNet sales decreased by 17% to SEK 950.6 million (1,146.4). Compared with the year-earlier period, sales were affected bylower prices and continued inventory adjustments by customers. In USD, net sales decreased 17%. For comparable units, net sales decreased 24% in both SEK and USD.
KYZEN Announces Exclusive Partnership with Manufacturers’ Representative Restronics Florida
04/25/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, proudly announces its strategic partnership with Manufacturers’ Representative Restronics Florida. Just like KYZEN’s commitment to continuously improving precision cleaning, Restronics Florida serves as a consultative OEM sales representative organization dedicated to educating customers to enhance their processes and productivity.
Determining the Value-add of Box Build
04/24/2024 | Nolan Johnson, I-Connect007At a strategic level, adding box-building services makes sense for customer loyalty. But is it really that simple? Jon Schmitz, who manages customer engagement at RiverSide Integrated Solutions, talk about about what it really takes to be successful in offering EMS and final assembly services under the same company banner.