July 13, 2020

The problem will be more acute for the NAND market

In recent years, electronics makers have typically built up inventory during the first half to avoid being squeezed by Apple, which generally unveils its latest iPhone model in September. Chip manufacturing technologies are growing increasingly complex.SK Hynix told Reuters in a statement it has been meeting delivery dates but acknowledged supply conditions were tight, noting its inventory levels were at an all-time low and unlikely to increase in the near-term given continued demand.Smartphone makers in China are also locked in an arms race to provide the most memory, which could further exacerbate the squeeze as they seek to counter the iPhone.Chip manufacturing technologies are growing increasingly complex, raising investment costs yet providing less output growth as some suppliers struggle to improve yields.But analysts say meaningful new supply is unlikely to materialize until 2018.NO RELIEF IN SIGHTChipmakers have been allocating more capital in recent years to boost production of NAND chips, where the shortage has been acute due to strong demand for high-end data storage products.. Apple new iPhone 8 launch later this year threatens to worsen a global squeeze on supply."Apple declined to comment on its memory chip purchasing plans.Some analysts say device makers could be forced to cut down on the amount of DRAM chips, which help devices perform multiple tasks at once, or NAND chips that are used for long-term data storage, Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple new iPhone 8 launch later this year threatens to worsen a global squeeze on supply.

"The problem will be more acute for the NAND market, where the iPhone remains a critical source of demand given the huge sales volumes and recent moves to increase storage capacity on the device," said the source, who declined to be identified as he was not authorized to speak publicly on the matter."For the iPhone 8 launch there have been specific references to this by customers and distributors as a reason for longer delivery times and shortages," said Tobey Gonnerman, executive vice president at US-based component distributor Fusion Worldwide. This has caused some chip prices to double or triple from a year earlier..Should the US giant opt to push out more iPhones than usual or further increase the portion of high-storage models, that could further squeeze out other companies. IHS analyst Walter Coon said some firms were starting to prepare to offer products with lower memory content if market conditions remain tight.Huawei did not respond to requests for comment on its memory procurement plans.A chip supplier source told Reuters a handful of clients have moved to 6-month supply agreements, accepting higher prices than the customary quarterly or monthly deals, to make sure they get enough memory chips for their products.While heavyweights such as Apple and Samsung - which is also the world&Rubber gasket Manufacturers39;s top memory chip maker - will not be seriously hit, industry sources and analysts say some electronics makers are paying a premium to lock into longer-term contracts.INVENTORY SQUEEZESigns of stress have already emerged: Huawei was criticized by consumers after it was discovered the Chinese firm used # a mix of less advanced and powerful chips in its flagship P10 model that led to significant variations in performance.About 18 percent of the global annual supply of NAND chips is bought by Apple, analysts say.

"After the supply shortages emerged we brought forward our procurement decisions . to ensure a stable supply," smartphone and personal computer maker LG Electronics said in a statement, adding it had pushed up quarterly purchase decisions by about a month.Some investors and analysts have voiced concerns about potential "de-speccing," where product makers cut back on memory to cope with the shortages or margin pressures. Samsung Electronics will start NAND production at a 14 billion South Korea plant in the second half, while SK Hynix will start making its new high-end NAND products in coming months.Samsung declined to comment on chip procurement for its electronic devices or inventory levels for its memory business.Others are placing orders earlier than before to ensure their perilously low inventories do no dry up completely."Buying buffer stock and holding product in hubs to protect against anticipated delivery interruptions has certainly become more common in recent months..But the shortage of chips in the first half of the year has left many scrambling. Some analysts estimate Apple could ship as many as 100 million new iPhone 8s this year, compared with the 82


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July 06, 2020

In the past half-century or so

Hemp qualities are diverse, and one to take home to.”Although sustainable fashion has a long way to go, supporting it could be a costly affair for the makers. We work with over10,000 weavers from across the country to preserve crafts.On one hand, engineered innovations with cotton, wool, silk, cork leather, faux leather, faux fur, hemp, pleather etc. are wooing the designers, while on the other consumers are educating themselves about sustainable options that do not harm animals or the environment.”Not just offline, but online brands like The Kaithari Project, Khara Kapas and Metaphorracha that work with Etsy network encourage dialogues on sustainable choices.

Himanshu Wardhan,Managing Director, India-Etsy says, "The Indian sustainable fashion industry is now a movement that is steadily making headway. We also pay attention to upcycling post-production waste — we do not leave our scraps or throw them away, we create accessories and other display materials out of it. Niranjana says, "As a brand, we are antithetical to fast fashion: we emphasis artisanal processes over industrial ones. We have been using specially engineered wool and yarns to create outfits that can be worn for several seasons — as a brand, we believe in upcycling everything and that’s an ideology that will benefit fashion business in the long term. There are plenty of sellers on Etsy who are making unique and creative products out of recycled items and are getting a tremendous response from the consumers. It makes no sense to harm innocent animals to dress. Saloni Sakaria, Founder, The Third Floor Clothing, mentions, "As designers, we are aware of our entire supply chain, and look after the people involved in that supply chain. Designer Gaurav Jai Gupta of Akaaro opines, "Sustainable fashion is not just about wearing organic fabrics and accessories; it is an overall process of creating a product that uses eco-friendly ways with zero-wastage, minimum water waste and completely hand-done from yarn to outfit stage. When using eco-friendly materials, you end up being involved with the makers of these materials directly, giving fair wages for the same. Keeping in mind the harmful effects, designer brands are now consciously making an effort to promote sustainable methods for creating products that are guilt-free and absolutely eco-friendly. She says, "We work with hemp on a regular basis and it is one of our star fabrics.”. Outfits by designer Poonam Dubey. We do our part by aggressively promoting organic fashion and using vegan leather and silk in our creations.”

In the past half-century or so, chemical processes have completely replaced natural ones in the dyeing of silk yarn. According to environmental stats, fast fashion is the cause of 10 percent carbon footprint in the world caused by synthetic fibers, usage of pesticides and water wastage from industrial productions. To revive the practice of using dyes derived from natural substances such as turmeric, pomegranate and indigo to colour silk yarn, Niranjana Viswanathan, Director, RmKV silks, is working with over 10,000 weavers to create garments that are long-lasting. Consumers, especially millennials, are becoming increasingly conscious about the social and environmental impact that their fashion bears and that’s why campaigns like China o-ring ManufacturersImadeyourclothes become so significant.

This fact is because of the efforts that go into minimising environmental impact when growing materials, manufacturing, packaging, and shipping. But that’s the right way to go forward.”Turns out that the introduction of vegan leather in fashion was a big booster, as the market size of this product according to the Grand View Research survey is projected to reach 85 billion by the year 2025.”Bananas, coffee, pineapple, lotus, stinging nettles, and hemp — what sounds like the ingredients on an exotic shopping # list are actually all natural resources that can be turned into sustainable textiles. But eco-friendly materials are not commercial materials. They are produced on order and usually takes a while to procure. This increases the value of the products. Designer Poonam Dubey who works extensively with Jharcraft, Development Commission of Handicraft to promote cruelty-free fashion, says, "It’s important to make cruelty-free options in fashion and promote vegan fashion because that directly affects animals. Fashion could be really dirty — and, apparently.

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