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U.S. Manufacturing Sector Continues To Contract, New Orders Lead – ISM

December 2, 2019 by Jonathan Custer

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products.  The two industries reporting paying increased prices for raw materials in November are: Computer & Electronic Products; and Miscellaneous Manufacturing‡ . (Tempe, Arizona) — Economic activity …

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Wistron to buy industrial land in Vietnam – Tapei Times

December 2, 2019 by Jonathan Custer

Contract electronics manufacturer Wistron Corp plans to purchase land in Vietnam, as the company continues to gradually shift production to Taiwan, India and the Philippines to diversify risk. The transaction would total 337.4 billion dong (US$14.6 million). Wistron might build a factory to produce information technology-related products in Vietnam, the Chinese-language United Evening News reported …

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Growth Of Electronics Parts In Auto Production

November 27, 2019 by Jonathan Custer

Here is a very informative chart from our Business Outlook, which illustrates how electronics are becoming dominant in auto production — from 1 percent of total cost in 1950 to a projected 50 percent over the next ten years.    

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