|
|
|
|
| Viewpoint | ||
January 30, 2023
VIEWPOINT 2023: Joe Montano, President and CEO, Delphon
This uncertainty has cooled consumer demand for electronics, which is predicted to have the most significant effect on the semiconductor market going into 2023. On the brighter side, demand for semiconductors from enterprise and infrastructure applications is expected to remain stable. At Delphon, we definitely felt the impact of continued variability in the market. We saw significant cost increases in raw materials, labor, energy, and logistics, yet our business units – Gel-Pak, UltraTape, and Touchmark – were still able to achieve significant growth. I attribute this growth to the fact that our businesses support the more stable enterprise and infrastructure subsectors of the semiconductor industry, including industrial automation, military, medical, and communications infrastructure. We also made company-wide adjustments that contributed to greater operational efficiency which further protected us from the negative economic climate. Going into 2023, I see these factors continuing to insulate Delphon from the overall market contraction and provide a foundation for growth. I see the current semiconductor downturn as a short-term hiccup caused by inventory and headcount corrections exacerbated by pressure from the global economic and political climate. Fortunately for Delphon, the nature of our customer base, coupled with improved operational efficiency and a highly differentiated product portfolio, will help us weather whatever uncertainty lies ahead. Joe Montano, President and CEO Delphon http://www.delphon.com |
| We search for industry news so you don't need to. | ||
|
|
Free Newsletter Subscription
Semiconductor Packaging News is built for professionals who bear the responsibility of looking ahead, imagining the future, and preparing for it. Insert Your Email Address |
|
|