The of machinery can now benefit from No Cable Technology (NCT) to enhance mobile handling and processing performance of transport systems, presenting more opportunities for in-line measurement or processing of products. This enhanced functionality comes with the launch of the XTS intelligent transport system with NCT, which Beckhoff UK is now offering to companies across

The post Cable-free technology extends transport system capabilities appeared first on IoT Now News - How to run an IoT enabled business.

BoE flags possible review of guidance with next set of forecasts. The BoE did the expected and hiked the Bank Rate by another 25 bps to 0.75% while repeating that further modest tightening is likely to be necessary in the coming months. At the same time though, the discussion flagged the double-edged sword of sharply […]

Well, when the Kickstarter delivers, of course.

The techy terrarium of gaming PC chassis. FYI, that's a good thing.

With conflict in Ukraine comes more reminders of the fragility of the world's automotive supply chains. The March light vehicle production update from S&P Global Mobility (formerly the automotive team at IHS Markit) is likely to downgrade its 2022 forecast by 2.6mn units (i.e. to 81.6 million). The downgrade decomposition will broadly comprise just under 1mn units from lost demand in Russia and Ukraine; and the remainder split between 1) worsening semiconductor supply issues, and 2) loss of Ukraine-sourced wiring harnesses and other components respectively. In addition, the complete loss of Russian palladium is a tail risk with the potential to become the industry's biggest supply constraint.

Pent-up demand reduced by roughly one third

Pre-Ukraine invasion on 24th Feb, the global auto industry had already spent over a year under capacity constrained conditions, with (we estimate) pent up consumer demand up to 10mn units (or 12%) above this year's achievable production. The sudden loss of economic confidence (via high oil and raw material prices, weak equity markets, and tightening interest rates) is dampening demand, and could now reduce that shortfall by roughly one third - though significant pent-up demand remains.

Supply chain remains the constraining factor

While the macro concerns are significant, the supply chain (and not underlying consumer demand) will continue to set the upper limit for vehicle unit sales in the medium term. The key crunch points weighing on production levels post invasion fall into two broad categories: Semiconductor materials supply (specifically via Ukrainian neon and Russian palladium), and electrical wiring harness sourcing.

Specialist material outages could curtail semiconductor recovery

Semiconductor supply challenges are worsening on two fronts: First, via neon gas supply disruptions. Ukraine's firms control around half of high purity neon supply to the semiconductor industry, where the element is used in lasers that etch patterns onto chips. Our channel checks suggest immediate risks are low thanks to semiconductor makers holding sufficient gas inventory, but visibility is poor. The second challenge is availability of palladium, used in semiconductor plating and finishing. In an additional negative twist, China COVID-19 cases at a 2 year high are triggering quarantines and plant closures in northeastern manufacturing hubs including Shenzhen and Changchun. All of the above raise the risk of losses from 'stranded' chips, i.e. semiconductors for which the 'right' car cannot be built due to other constraints.

Ukraine wiring harnesses difficult to substitute

Our channel checks suggest Ukraine-built wiring harnesses were likely destined for around 0.5 to 1mn vehicles pre-invasion. These harnesses comprise complex and manually constructed assemblages of cable. Although some dual sourcing arrangements exist, for the most part switching will be difficult due to already-constrained harness capacity in and around Europe. Production relocations could take 3-10 months due to wait times on machinery and multi-month staff training times. Almost half (45%) of Ukraine-built wiring harnesses are normally exported to Germany and Poland, placing German carmakers at high exposure. Our analysis suggest Opel (i.e. Stellantis via Leoni), VW (via Leoni and Sumitomo) are over-exposed versus peers. On the plus side, once ramped up - lost production could be recovered quickly into late 2022 and beyond.

Palladium: Next 'black swan' candidate

While low probability as things stand, palladium has the potential to become the industry's biggest supply constraint. Russia produces 40% of the world's mined palladium according to USGS. Around two thirds of palladium use is in vehicles, where it is the active element in catalytic converters for exhaust aftertreatment. If Russian palladium supply were suddenly interrupted (due to a western boycott, or Russia stopping supply), production of all vehicles using such sourcing (including hybrids) could potentially stop. Although platinum is an alternative element, it is similarly expensive and also largely Russia-originated. Substitution of any kind is a regulatory minefield since design changes require regulatory re-homologation, which can take months. We do not currently incorporate major palladium disruptions in our forecast base case.

Interferometer on chip; cool cables for EV charging; NFC clothing.

The post Research Bits: March 15 appeared first on Semiconductor Engineering.

Russian-Ukrainian trade pushes GBP/USD to 1.3000. We are unlikely to see any relief for the cable from central bank decisions anytime soon. Amid looming Ukrainian risks, the GBP/USD remains a sell-on-rebound trade. The GBP/USD weekly forecast is bearish amid geopolitical jitters. However, the pair may correct higher as a pullback and BoE next week. –Are … Continued

The post GBP/USD Weekly Forecast: Bears Eying 1.3000 ahead of BoE, Fed appeared first on Forex Crunch.

Gran Turismo 7 has already received two new features via […]

The post Gran Turismo 7’s First Post-Launch Patch Adds New Race Display Feature appeared first on PlayStation LifeStyle.

Cryptocurrency is being used both to fund Ukraine’s defense and prevent Russia’s ability to skirt sanctions in what may become a pivotal moment for the industry.

With this comprehensive first apartment checklist, you’ll learn what you need in order to survive on your own in your first rental.

The post First Apartment Checklist: What to Buy First to Complete Your Home appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Large mechanical seven-segment displays have a certain presence that you just don’t get in electronic screens. Part of this comes from the rather satisfying click-click-clack sound they make at every …read more