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WASHINGTON, DC -- On Aug. 30, Gregory Kausner, performing the duties of Undersecretary of Defense for Acquisition and Sustainment, established a department-wide supply chain resiliency working group to address systemic barriers currently limiting supply chain visibility, conduct resiliency assessments, and develop effective mitigation actions.

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WASHINGTON, DC -- The US House Armed Services Committee last week voted overwhelmingly in favor of the National Defense Authorization Act (NDAA) for Fiscal Year 2022, which includes tighter language over sourcing of printed circuit boards from adversarial nations.

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FRANKFURT – “Europe must increase its capacities for the production of microelectronics chips in order to better avoid future supply bottlenecks and to be able to better survive as an industrial location in international competition.”

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TAIPEI – Foxconn reported August revenues of NT$400 billion (US$14.5 billion), down 4.9% year-over-year and 4.3% sequentially.

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ATLANTA – The cooling of sales of the electronics component supply chain is expected to moderate in September and through the end of 2021, according to ECIA’s August survey.

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SON, THE NETHERLANDS – Electronics manufacturing services firm Neways has agreed to be acquired by an investment firm in an all-cash deal worth approximately €177.5 million.

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