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In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
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One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
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This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
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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.
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HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
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GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
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.