Comment from ADEC
12 February 2003
News
Glynn Watkins, ADEC chairman
In retrospect, 2002 will be seen as a buoyant period for most component distributors, when, after the stagnation of 2000 and 2001, growth turnover and profitability became attainable goals.
Although customs statistics may belie this growth, it is our opinion that direct importation in components fell and local distribution grew. Companies enjoyed a favourable export market as a weak rand made local products look very attractive. Increased emphasis by customers on better service forced many to re-evaluate their own in-house methods and policies to distribution, to accommodate market demands. Due to the decrease in demand in the telecommunications industry, stock shortages stabilised and accurate delivery times ensured local distributors the successful supply of local product to their customers.
2003
With a predicted growth of at least 3% in South Africa, 2003 looks set to continue the upward trend in our industry, although a stronger rand will reduce positive export sales and lead to distribution finding itself hard put to maintain rand value sales.
On a more positive note, whilst some major manufacturers had decided to go offshore to fulfil their contract requirements, there are signs that this trend may be reversed. The global economic industry also appears to be shaking off its economic woes and signs of an upturn were evident at electronica in Munich, which attracted a large representation from South African distribution.
ADEC
On the local front, we are pleased to announce that ADEC will be holding its biannual trade show in the second half of 2003. It is proposed to run the show in parallel with the Professional Mobile Radio Exhibition, at Kyalami Racetrack. The ADEC Committee is of the opinion that this venue offers many advantages for both the exhibitors and the visitors.
For more information contact ADEC, (Association of Distributors and Manufacturers of Electronic Components), 011 795 2114, [email protected]
Further reading:
From the Editor's desk: Growth through inclusivity
Technews Publishing
News
As the engineering fields in South Africa continue to make progress toward gender equality, we are finally starting to see the presence and contribution of women in engineering and industrial roles.
Read more...
KITE 2025 proves its value
News
The KwaZulu-Natal Industrial Technology Exhibition (KITE) 2025 confirmed its place as KwaZulu-Natal’s must-attend industrial event, drawing thousands of industry professionals.
Read more...
Otto Wireless Solutions announces promotion of Miyelani Kubayi to technical director
Otto Wireless Solutions
News
Otto Wireless Solutions is proud to announce the promotion of Miyelani Kubayi to the position of technical director, effective 1 August 2025.
Read more...
DMASS experiences continued slowdown
News
The European electronic components distribution market continued its downward trajectory in the second quarter of 2025, according to new figures released by DMASS.
Read more...
World-first zero second grid-to-backup power switch
News
JSE-listed cable manufacturer, South Ocean Electric Wire, has completed a solar installation it says marks a global first: a seamless switch from grid to backup power in zero seconds.
Read more...
News
OMC deploys cobots to improve throughput 10x, while maintaining quality and ensuring consistency of fibre optic production.
Read more...
Cobots for opto production line
News
OMC deploys cobots to improve throughput 10x, while maintaining quality and ensuring consistency of fibre optic production.
Read more...
SACEEC celebrates standout industrial innovation on the KITE 2025 show floor
News
Exhibitor innovation took the spotlight at the KITE 2025 as the South African Capital Equipment Export Council announced the winners of its prestigious New Product & Innovation Awards.
Read more...
SA team for International Olympiad in Informatics
News
The Institute of Information Technology Professionals South Africa has named the team that will represent South Africa at this year’s International Olympiad in Informatics.
Read more...
Anritsu and Bluetest to support OTA measurement
News
Anritsu Company and Sweden-based Bluetest AB have jointly developed an Over-The-Air measurement solution to evaluate the performance of 5G IoT devices compliant with the RedCap specification.
Read more...
printer friendly version