ControlTek hosted the New York Times this month to discuss the continuation of U.S. and China trade tariffs on materials used in electronics components.
Nearly a year after the Trump Administration first imposed tariffs on billions of Chinese imports, the national conversation has turned to the Pacific Northwest.
Late last summer, we informed you of market conditions that were creating longer lead times for some components.
As we move through 2018 we continue to see component lead times grow and prices climb as growing demand puts a strain on supplier resources. Although the industry is hard at work to address this market shift, the changes will take time. We expect to see these conditions continue well into 2019.
With the Federal deadline rapidly approaching, many companies are upping efforts to meet new Federal requirements for conflict mineral reporting as laid out by Section 1502 of the Dodd Frank Act. To help, we’ve put together a short guide to help businesses on the road to a conflict free supply chain.
ControlTek has recently released our company’s response to new SEC reporting requirements for minerals classified as Conflict Minerals. These minerals can include tantalum, tin, tungsten and gold - many of the same minerals found in the manufacturing and assembly of printed circuit boards and electronics devices. The new requirements are effective for all publicly traded companies whose products contain these metals.
At ControlTek, our goal for each new customer and project we take on is to become a longterm partner that will continue to add value during every stage of product development.
One of the most important areas where we can provide value for ControlTek customers comes from our supply chain and materials management services.
The concern over counterfeit parts isn’t exactly new, but it is receiving increasing attention after the Senate Armed Services Committee published a report in May 2012 that went so far as to call the issue an “unacceptable risk to national security and the safety of U.S. military personnel.”
Hazardous materials management, including the elimination of lead in electronic manufacturing, is a leading initiative in many industries. As a leader in the electronic design and manufacturing industry, ControlTek understands the impact of RoHS and specializes in lead-free electronics design, manufacture and test.