Industry News Wrap-Up January 11-15, 2016
Year-Over- Year Sales for Smart Home Devices Predicted to Double
ABI Research recently released a report revealing that sales for smart home devices are expected to double by 2017. Smart home devices include in-home security systems, phone/internet integration, thermostats, and even smart clocks.
Thanks to several consecutive years of building a strong foundation for this market, wide adaptation in the industry is expected to cause impressive growth in sales. Some of the top vendors in the smart home industry include AT&T, Vivint, and ADT. Click here to learn more.
Aerospace Safety Advisory Panel Releases Annual Report for NASA
This past week, the Aerospace Space Advisory Panel (ASAP) released its 2015 annual report reviewing NASA’s overall safety performance. The report touches on NASA’s accomplishments in 2015, current funding analysis, as well as any concerns over missions in 2015.
According to the 2015 report, ASAP believes that the healthy and steady competition between Boeing and Space Exploration Technologies Corporation (SpaceX) plays an integral part in the advancement and improvement of safety technology in NASA programs. To read through the 42 page report click here.
bisco industries is proud to serve clients in the electronics and aerospace industries. To learn more about bisco’s products and services visit biscoind.com.
Industry News Wrap Up: December 14-18, 2015
Here’s a look at a couple of the top stores in the aerospace, semiconductor, and consumer electronics industries this past week.
Vehicle Charging Expected to Boost Semiconductor Industry
IHS Technology reported that semiconductor industry revenues attributed to vehicle charging stations reached $44 million in 2014 and are expected to reach $233 million by 2019. The push towards sustainable technology will continue to present opportunities to supply chain members in the semiconductor and electronics industries in the coming years.
Apple Names New COO
On Thursday, Apple announced that company veteran Jeff Williams will become the next COO. Williams joined Apple in 1998 as head of worldwide procurement and in 2004 he was named VP of Operations. Williams played a key role in Apple’s entry into the mobile phone market with the launch of iPhone® and Apple’s first wearable product, Apple Watch®.
China Southern Airlines Commits to Purchase 100+ Boeing Planes
China Southern Airlines has committed to purchase 30 Boeing 737NGs and 50 737 MAXs, valued at $8.4 billion. Its Xiamen Airlines subsidiary will also be purchasing 30 737 MAXs. According to China Southern, Boeing will take back thirteen 757s and three 737-300s as part of the agreement.
bisco industries is proud to serve clients in the aerospace, semiconductor, and electronics industries. Stay tuned to bisco’s blog each week for updates on the latest industry news.
Industry News Wrap Up: December 7-11, 2015
We’re wrapping up the second week of the last month of the calendar year. Here’s a look at a couple of the top stores in the aerospace and electronics industries this past week.
Boeing Unveils its Newest Airliner – The 737 MAX
This past Tuesday, December 8th, Boeing rolled out the newest edition of their 737 model plane. The Boeing 737 MAX was revealed in an employee-only event at the Boeing 737 Factory in Renton, WA. The aircraft is being prepared for its first flight early in 2016 and its first customer deliveries in the third quarter of 2017. Southwest Airlines, known for operating almost exclusively on 737’s will be the first customer to receive their delivery. Some of the most notable improvements on the 737 MAX are the 20% increase in fuel efficiency and the 14% decrease in operation costs.
Samsung to Join Automotive Industry with Electronic Parts
One of South Korea’s largest electronics players is entering into the ever-growing industry of smart mobility. Samsung will initially build products for infotainment and autonomous driving vehicles. Samsung is the latest to enter the market along with Apple, Google, and LG Electronics. Currently there are between 80 to 100 processors in a vehicle depending on its sophistication; as regulations mandating certain technologies become more prevalent, this number is likely to increase. According to recent reports, this market (composed of automotive software, services and components) is worth an estimated $500 billion. A Thomson Reuters report shows that Samsung has been investing in automotive electronics R&D since as early as 2010. In the future, vehicles will likely have the ability to communicate with one another as well as larger infrastructures.
bisco industries is proud to serve clients in the aerospace and electronics industries. To learn more about bisco and our services visit biscoind.com.
Industry News Wrap-Up: November 7th-13th
Here’s a quick look at some of this week’s top events in for a few of bisco’s top industries.
Boeing & Lockheed Protest Northrop’s LRSB Contract
Boeing and Lockheed Martin have filed a formal protest against the award to of an $80 billion Long Range Strike Bomber contract to Northrop Grumman. Although many of the complaints lodged by Boeing and Lockheed are long shots aerospace industry consultant Loren Thompson said that, “this protest has a real chance of winning and overturning the award”. If overturned the contract would be a major embarrassment for the Air Force and the Pentagon, raising fundamental questions about their ability to make sound purchasing decisions.
Electronics 2020: What Will the Industry Look Like?
Printed Circuit Design & Fab editor, Mike Buetow, asked a number of leading electronics experts for their vision of how the design and manufacturing landscape will change in the future. Some of the challenges and opportunities facing the electronics manufacturing industry today include robots, DNA-based circuits, 3D printers and supply chain migration. Click to learn more about what the designers, fabricators, assemblers, and suppliers are saying about the state of electronics manufacturing in 2020.
Robot Salamander Helping Scientists Unlock Spinal Secrets
Created by the Swiss Federal Institute of Technology, the salamander-like robot called Pleurobot is designed based on 3D X-ray videos of salamanders. These videos allowed engineers to create life-like locomotion especially in the movement of the spine. Researchers are utilizing the Pleurobot to better understand the development of the spine.
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The Lightest Metal Structure Ever
Aerospace giant Boeing has released a video showcasing the lightest metal structure ever! The structure is made of one of the lightest materials known to science, called Microlattice.
The entire structure is 99.99% air and is similar to the hollow honeycomb architecture of bone. The structure is made up of super thin, hollow struts. The struts are around 100 micrometers in diameter and have walls just 100 nanometers thick. It’s this design that makes Microlattice 10 times lighter than Styrofoam. Despite it being an insanely light material, it is also extremely strong.
As the video explains, this development has many possibilities, ranging from use in aerospace, high-performance vehicles, shock absorption, and vibration insulation.
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bisco industries is your specialist for the aerospace, circuit board, communication, computer, fabrication, instrumentation, industrial equipment, and marine industries. Visit biscoind.com to learn more.
South Carolina Aerospace Industry Growth Outpaces Washington State
Last week, The University of South Carolina released its “Aerospace in the Southeast” study showing that though it’s size still pales in comparison to that of Washington state’s, South Carolina’s aerospace industry is growing at a faster rate.
The study compares South Carolina’s private sector aerospace growth — aerospace manufacturing, air transportation and air transportation support services — to Alabama, Georgia, North Carolina and Washington state. The report found that among those states, South Carolina is actually the industry leader in private sector aerospace revenue growth. South Carolina’s aerospace sector grew at a rate of 15.5% from 2010-2012, compared to Washington’s 13.9% growth (the data excluded military aviation).
Of course, Washington’s aerospace industry, centered around Boeing, remains far larger than its southern counterparts. South Carolina’s entire aerospace workforce only makes up 19% of the 92,000 aerospace workers in Washington.
The Next Step For Aersospace In The Southeast
For the rest of the southeastern states to get on the same playing field as Washington, aerospace firms need more metal finishing and metal processing suppliers in a close proximity. More original equipment manufacturers (OEMs) and tier-one firms moving to these states would also accelerate growth. Lastly, companies in the Southeast need to obtain their AS9100 certifications — a quality management system for the aerospace industry — in order to do more work for large OEMs like Boeing.
A Dedicated Partner For The Aerospace Supply Chain
For over 40 years bisco industries has been serving quality-oriented companies in the aerospace industry. Our quality management team works diligently in cooperation with dedicated sales reps to ensure that products arrive on time and to our customers’ specifications. bisco is AS9100 certified and has 48 local facilities throughout North America. We also have 8 regional warehouses that have been strategically placed so clients receive products as soon as possible. Visit biscoind.com to learn more and shop for products.
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