There’s no denying that this is a problem on a monumental scale, and
it’s only getting worse. Current estimates for the annual loss to the
electronics industry due to counterfeit components is north of $5
THE MIL & AERO COMMENTARY – It's almost impossible to talk to
people in the military and aerospace industry these days without side
discussions about how great the defense business is today.
The Electronic Components Industry Association (ECIA) has issued a
warning from its Chief Counsel, Robin Gray, on the increasing threat of
counterfeit parts getting into the supply chain during component
IPC – Association Connecting Electronics Industries, the global industry
association representing the $2 trillion global electronics industry,
today warned that the Trump administration’s plan to impose higher
tariffs on goods imported from China could harm many small- and
medium-sized U.S. electronics manufacturers...
I know, I know, you don’t want to hear that the prices of components
are going up. Or that lead-times are extending by the day. And of
course, that's assuming the supply chain has been able to quote a
lead-time in the first place.
LOS ANGELES – The owner of PRB Logics Corporation, an Orange
County-based seller of electronic components, was arrested this morning
on federal charges alleging he sold counterfeit integrated circuits,
some of which could have been used in military applications.
TOKYO -- China's state-backed investment in cutting-edge memory chips
could set global prices tumbling if output is not carefully controlled,
repeating the boom-and-bust pattern of markets such as display panels
and solar cells.
The European Union is currently working to update its legislation on
export controls for dual-use items, meaning items that can be used for
both civilian and military applications and/or can contribute to the
proliferation of Weapons of Mass Destruction (WMD).
NEWARK, N.J. - A Morristown, New Jersey, woman appeared in federal court
today to face charges for her alleged role in an international
procurement network that smuggled over $2 million worth of aircraft
components from the United States to Iran in violation of export control
laws, U.S. Attorney Craig Carpenito announced.
SOFIA (Reuters) - It is unlikely that five Bulgarians will be extradited
to the United States to face charges of exporting aircraft parts to
Syria’s national airline in violation of a U.S. embargo, Bulgarian chief
prosecutor Sotir Tsatsarov said on Wednesday.