2002: A viewpoint from Memec SA
13 February 2002
News
"This company does not foresee growth in this industry for 2002 basically because it is felt that the telecommunications sector, which primes the industry's pump, is stagnant and is likely to remain so until the privatisation issue is settled."
So says Craig Hemmes, Managing Director, Memec South Africa, who tells Dataweek that apart from this, an industry such as electronics does not remain static and opportunities will be found in such areas as security, automotive and industrial application sectors.
He adds: "From a component distributor perspective, this means that business will have to be sought from a wide range of smaller manufacturers who in turn will be in a position to impose greater demands on us."
"This will not be a year to relax at any time," concludes Hemmes.
For further information about Memec SA contact (021) 674 4103, or see www.memec.com
Further reading:
From the editor's desk: AI – a double-edged sword
Technews Publishing
News
As with any powerful tool, AI presents challenges, some of which, if not carefully managed, threaten to undo the potential that it can offer.
Read more...
Global semiconductor sales increase
News
The Semiconductor Industry Association (SIA) has announced global semiconductor sales were $57,0 billion during the month of April 2025, an increase of 2,5% compared to the March 2025.
Read more...
Avnet Abacus announced new president
Avnet Abacus
News
Avnet Abacus has announced that Mario Merino will succeed Rudy Van Parijs as president of Avnet Abacus, effective 1 July 2025.
Read more...
Avnet Abacus wins multiple prestigious awards
Avnet Abacus
News
The awards from Molex recognise outstanding performance, collaboration, and significant growth in the challenging market conditions of 2024.
Read more...
Components distribution slowdown Q1 2025
News
European components distribution (DMASS) experienced a continued slowdown in the first quarter 2025.
Read more...
Semiconductor sales increase 17% YoY
News
The Semiconductor Industry Association (SIA) recently announced global semiconductor sales were $54,9 billion during the month of February 2025, an increase of 17,1% compared to the February 2024 total.
Read more...
Silicon Labs – Q1 results
News
Silicon Labs, a leading innovator in low-power wireless, recently reported financial results for the first quarter, which ended April 5, 2025.
Read more...
Strengthening industry through strategic partnerships at KITE 2025
Specialised Exhibitions
News
The KwaZulu-Natal Industrial Technology Exhibition is not just an exhibition, it is a powerhouse of industry collaboration where visitors and exhibitors gain access to authoritative insights, technical expertise, and high-impact networking opportunities.
Read more...
Solar Youth Project calls on industry to step up
News
With the second cohort completed training and the first cohort returning for their final module, host companies are urgently needed to turn the training into a long-term opportunity.
Read more...
Conlog powers SA’s future with national smart meter rollout
News
Conlog recently secured the RT29-2024 contract from National Treasury, which is seen to be a major milestone towards modernising SA’s utility infrastructure.
Read more...
printer friendly version