Industry News Wrap-Up: November 1st-6th

bisco industries serves clients in a variety industries from aerospace to semiconductor. We understand the importance of staying on top of industry trends so we’ve highlighted a few of the top stories from the past week.

China Unveils Jetliner to Compete with Boeing and Airbus

On Monday, China’s first self-developed C919 passenger jetliner was unveiled to a captive audience. The Commercial Aircraft Corp. of China revealed the first of the twin-engine planes in a ceremony attended by approximately 4,000 government officials and other guests at a hangar near Shanghai’s Pudong International Airport. China is one of the world largest aviation markets, but currently relies on Boeing and Airbus to supply their aircrafts. The C919 is expected to fly next year and to enter service in 2019.

Semiconductor Industry Q3 Numbers Down 2.8% YoY

The Semiconductor Industry Association recently reported a 2.8% dip in year-over-year semiconductor sales during the third quarter of the 2015 calendar year. Worldwide Q3 semiconductor sales reached $85.2 billion a figure that is down 2.8% year-over-year but up 1.5% sequentially.  Statistics were compiled by the World Semiconductor Trade Statistics organization and represent a three-month moving average. Though worldwide sales were down, regional sales were up in the Americas, China, Europe and Japan.

Design-2-Part Announces 2016 Trade Show Schedule

Tradeshow organizer, Design-2-Part (D2P), recently announced 6 shows in their 2016 schedule. The show will be rolling through 6 states throughout the United States next year connecting engineers and product manufacturers with top tier suppliers. This last week, several bisco team members exhibited at the D2P show in Covington, KY.

What did we miss?

Let us know the stories impacting your industry by commenting on this post.