GPI Inches Up in July

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http://globalpurchasing.com/gpi-inches-july?NL=ESB-01&Issue=ESB-01_20150805_ESB-01_742&sfvc4enews=42&cl=article_1&utm_rid=CPG05000002126099&utm_campaign=2957&utm_medium=email&elq2=84b902ef7b79467db6055afa549b83ae

Global Purchasing Index remains in positive territory, but rises only slightly following a jump in June.

Global Purchasing’s monthly business optimism report registered 116.3 in July, an increase of 0.3% over June and an indication that business conditions remain stable for most buyers of electronic components.

The monthly Global Purchasing Index measures optimism among buyers at original equipment manufacturing (OEM), contract manufacturing (CM), and electronics manufacturing services providers (EMS). A reading above 100 indicates optimism, and a reading below 100 ...

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New York Man Admits Supplying Falsely Remarked Computer Chips Used in U.S. Military Helicopters

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http://www.justice.gov/usao-ct/pr/new-york-man-admits-supplying-falsely-remarked-computer-chips-used-us-military

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that JEFFREY KRANTZ, 50, of New York, N.Y., waived his right to indictment and pleaded guilty today in Hartford federal court to supplying customers with falsely remarked microprocessor chips, many of which were used in U.S. Military and commercial helicopters.

“The distribution of unapproved microprocessor chips and other electronic components for use by the U.S. Military poses a serious threat to the safety of the men and ...

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Continued Vigilance Keeps Counterfeit Items Out of Supply Chain

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http://www.nei.org/News-Media/News/News-Archives/Continued-Vigilance-Keeps-Counterfeit-Items-Out-of

NRC finds industry guidance adequate to detect, prevent counterfeit goods
Existing regulations provide adequate protection of public health and safety
Licensees’ continued vigilance prevents fake goods from entering supply chain

July 2, 2015—The NRC staff last week said agency regulations and industry oversight are effectively preventing the introduction of counterfeit, fraudulent and suspect items (CFSI) into nuclear facilities.

“Although supply chains for other industrial sectors may ...

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Cisco sees need to clamp down on counterfeit products

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http://gulfnews.com/business/sectors/retail/cisco-sees-need-to-clamp-down-on-counterfeit-products-1.1546595

Dubai: Counterfeit IT products and software are causing a great concern to the industry and the government and it is a challenging issue facing the industry, said a top Cisco official.

Rabih Dabboussi, managing director of Cisco UAE, told Gulf News, that fake products are often manufactured using substandard or unapproved components and can put Middle East customers’ networks at risk, leaving them exposed to performance, reliability, safety and security problems that could disrupt their business.

Counterfeit products and pirated ...

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Global Purchasing Index

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http://globalpurchasing.com/gpi-rises-6-june?NL=ESB-01&Issue=ESB-01_20150708_ESB-01_288&sfvc4enews=42&cl=article_1&utm_rid=CPG05000002126099&utm_campaign=2672&utm_medium=email&elq2=c976eaeb2d3a4352b74f93d65f84e7b7

By Victoria Fraza Kickham, Distribution Editor

A monthly benchmark that gauges purchasing professionals’ views on procurement activity in the electronic components marketplace. A reading below 100 indicates pessimism; a reading above 100 indicates optimism.

GPI Rises 6% in June

Electronics buyers report increased optimism in June, as new orders, purchasing activity remain stable.

Economic optimism among electronic components buyers rose nearly 6% in June, as the Global Purchasing Index (GPI) measured 116, its highest level since March.

The GPI surveys a panel of ...

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Counterfeit Parts Persist in the Face of Arrests & Convictions

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Production and distribution of counterfeit parts continues to soar across a wide range of industries even as arrests and convictions are on the rise. According to Timothy Gifford, SVP and general council secretary at ball bearings company SKF USA Inc., three US government agencies and the government of China are now arresting those who participate in counterfeiting. Counterfeiters are getting nabbed at production facilities in China and at US ports.

At an SKF event in Philadelphia earlier this month, Gifford noted ...

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Tiny Spirals May Make Counterfeiting Impossible

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http://www.eetimes.com/document.asp?doc_id=1326814

PORTLAND, Ore. — Counterfeiting today has become epidemic for all things valuable, from currency to credit cards to microchips. Making sure that fakes can be detected is an on-going process that researchers worldwide are developing, with many successes like the holograms on credit cards and currency. Now researchers at Vanderbilt University (Nashville, Tennessee) believe they have found another technique that may work even better — embedding microscopic Archimedean spirals that return a unique signature signal when pulsed by ...

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Anti-Counterfeit Update: Traceability, Software Rank as Top Issues

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It has been about a year since the most recent Defense Federal Acquisition Regulation Supplement (DFARS) took effect, outlining new measures suppliers must take to help keep counterfeit electronic parts out of the government’s supply channel. Manufacturers and distributors of electronic components continue to adjust to the new requirements, and debate continues over reporting and traceability issues. There is also growing concern over software and how the industry will deal with the potential for malicious or faulty software in devices ...

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Tytronix/Epic (Peter Picone) supply chain risk

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Recently an excerpt of sales transactions from the Peter Picone, Tytronix/Epic court case was released to enable Tytronix/Epic customers to check their inventories for counterfeit ICs. There are 826 transactions between 2007 and 2012 documented where goods purchased from China by Tytronix/Epic and were sold to Independent Distributors. Although Global IC Trading Group never purchased any material from Tytronix and/or Epic we completed an audit of our transaction history against the list to determine if any of the transactions could ...

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Global IC Trading Speaks at ERAI Conference

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Global IC Trading Group’s Lori LeRoy presented at the ERAI Conference in San Diego on April 22, 2015. Ms. LeRoy co-presented with Mark Northrup of IEC Electronics. This presentation was part of the Training Track “A Standards-Based Way To Avoid Counterfeit Electronic Parts” and Ms. LeRoy and Mr. Northrup presenting based on a sellers perspective on how to avoid the acceptance of counterfeit components. The title of the Presentation was “EMS Supply Chain Security Timeline: Past, Present and Future” which ...

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