China and USA tension causing major issue in global electronics and semi-conductors market
China and USA tension has been a
major issue in the global supply chain, particularly in the field of
electronics and semi-conductors.
Manufacturing and supply chain challenges of electronics globally, due
to conflict with two major economies.
The COVID-19 pandemic has added to the challenges and disruptions in the
supply chain from China, causing a significant increase in prices of
electronics components, chips, and devices in 2021 and 2022.
Almost 100% of the USA companies
rely on manufacturing in China, and the recent passage of the CHIPS Act by the
USA government aims to increase the number of manufacturing facilities within
the USA. However, even major companies
like Apple and Samsung have struggled to successfully manufacture in the USA
due to the shortage of engineers and the high cost of production.
One solution to this problem has
been proposed by Mr.Indrajit Sabharwal the CEO of Simmtronics, an electronics
manufacturing company based in India. With over 30 years of experience in the
industry, Mr. Sabharwal has a deep understanding of the challenges facing
electronics manufacturing in the USA. In an interview, he answered several
questions regarding Simmtronics' plans to enter the USA market and compete with
major manufacturers in China.
Mr. Sabharwal emphasized that
Simmtronics will focus on doing everything in-house, from components to final
products. This approach sets Simmtronics apart from other companies as it will
rely on high-speed automated manufacturing lines and confidential manufacturing
techniques, supported by its own global manufacturing plants. Unlike China,
which is labour-dependent, Simmtronics in the USA will utilize machines and
robotics to manufacture products.
Regarding the shortage of engineers in the USA,
Mr.Sabharwal stated that
Simmtronics will have its own in- house training center at its production
facility and will hire engineers and technicians to train. Simmtronics has
qualified engineers with over 10 to 25 years of expertise who will provide
on-the-job training to new hires. Simmtronics is known for its quality
products, and the in- house manufacturing process will eliminate the cost of
freight and packaging from China. The company offers lifetime warranties on its
semiconductor devices, which is a testament to its commitment to quality.
The current China-USA tension is
having a huge impact on the electronics industry, and specifically the
semi-conductors and electronics components market. With the COVID-19 pandemic
disrupting the entire supply chain from China, companies are feeling the
effects of the 2021-2022 price increases. Almost 100% of USA companies rely on
manufacturing in China, but with the recent passing of the CHIPS Act, there's a
push to increase the number of manufacturing within the USA.
However, even big players like
Apple and Samsung have struggled to find a solution for domestic manufacturing.
That's where Simmtronics comes in. As one of the top manufacturing experts in
India with over 30 years of experience, Simmtronics is focused on solving these
challenges for the USA market. They have figured out a solution to bring
manufacturers to the USA and offer cost-competitive, high-quality electronics.
The lack of engineers in the USA
market has been a major issue for companies trying to compete with China. But,
Simmtronics is taking a unique approach to solve this problem. With their own
in-house training center and a team of qualified engineers with over 10 to 25
years of expertise, they will be able to train and hire the necessary
personnel. Simmtronics is also known for its quality and in-house
manufacturing, which eliminates the need for freight and packaging costs from
China.
Simmtronics is poised to make a
big impact in the USA market, with plans to expand to three manufacturing
facilities in the next five years and employ over 2,000 staff. They are focused
on offering quality electronics at China prices and have global sales channels
in place.In an industry where technology is constantly evolving, Simmtronics is
ready to adapt to changes in production and technology. They are dedicated to
contributing to the growth of the USA manufacturing industry and building a
better future. Don't miss the opportunity to read the full article about
Simmtronics and the future of electronics manufacturing in the USA. With the
potential for investmentopportunities and job growth, it's a story worth
following.
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