Happy’s Tech Talk #41: Sustainability and Circularity for Electronics Manufacturing
Facing the Future: Challenges and Opportunities in Reshoring PCB Manufacturing
It’s Only Common Sense: Stop Chasing New Customers and Start Keeping the Ones You Have
Aspocomp’s Change Negotiations at Oulu Plant Have Ended
August 30, 2023 | AspocompEstimated reading time: Less than a minute
Aspocomp’s change negotiations at its Oulu plant have ended. The goal of the negotiations was to prepare for a partial adjustment of production to correspond to temporarily low delivery volumes.
As a result of the change negotiations, the company’s plan is to lay off 20-30 production blue-collar employees at a time for a maximum of 90 days during the next six months. For the first three months, 26 people will be temporarily laid off.
At the start of the negotiations, the company estimated that the adaptation measures would lead to layoffs for a maximum of 90 days, and most of the Oulu plant’s approximately 120 production blue-collar employees were covered by the negotiations.
Slower-than-expected recovery of the semiconductor cycle and high inventory levels in various parts of the value chain has slowed down net sales. A temporary slowdown in the semiconductor cycle is typical for the industry. The industry's long-term growth prospects are still strong. The cycle of the semiconductor industry is expected to return to growth at the end of the year or the beginning of 2024.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
A Passion for PCB Prototypes: Accurate Circuit Engineering—'Good People Doing Something They Love'
08/13/2025 | Linda Stepanich, Community MagazineFounded in 1983, Accurate Circuit Engineering (ACE) in Santa Ana, California, is a PCB prototype manufacturer and industry leader in radio frequency (RF) and microwave boards. It started as a family company and still adheres to those values by knowing its staff well and tailoring work and education to encourage them to stay at the company. “ACE is good people doing something they love,” says James Hofer, director of operations. “I am passionate about what I do, and ACE allows me to pursue that passion."
COVID, Tough Sales, and What Made Me a Better Salesperson
08/12/2025 | Daniel Beauvois, The Component StoreBefore 2020, we approached sales differently. A persistent, gritty salesperson could approach businesses daily without an appointment. They would often be turned away, but sometimes, they would be given a shot. Then, in March 2020, the COVID-19 pandemic became official, and things started to shut down. When we finally came back, everything had changed, creating an impenetrable barrier for outside salespeople.
Facing the Future: Challenges and Opportunities in Reshoring PCB Manufacturing
08/12/2025 | Prashant Patel -- Column: Facing the FutureFor decades, offshore manufacturing dominated the global electronics industry. The pursuit of cost efficiency, scalability, and access to vast labor markets made countries like China, Taiwan, and Vietnam attractive destinations for printed circuit board (PCB) production. But a seismic shift is underway, from geopolitical instability and supply chain disruptions to rising labor costs and national security concerns.
Securing the Future: The Battle for America's Flat Panel Display Industry
08/12/2025 | Marcy LaRont, I-Connect007The production and sourcing of flat panel displays have become a focal point of concern, particularly regarding national security. In this interview, Jim Will, executive director of the U.S. Partnership for Assured Electronics (USPAE), provides insights into the essential role of liquid crystal displays (LCDs) in both defense systems and everyday technology. Their conversation delves into the implications of America's dependence on Chinese manufacturers for these critical components, raising alarms about supply chain vulnerabilities amidst rising geopolitical tensions.
Kaynes Circuits to Invest $570 Million in PCB Tech India’s Tamil Nadu State
08/07/2025 | I-Connect007 Editorial TeamKaynes Circuits India, a subsidiary of Kaynes Technology India, announced on Aug. 4 that it plans to invest roughly $570 million over the next six years in the southern state of Tamil Nadu, the Economic Times reported.