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Prison for man who sold fake Cisco gear to US military and hospitals
Onur Aksoy, a Florida-based supplier with dual US-Turkish citizenship, has been sentenced to over six years in prison for orchestrating an elaborate scheme that generated hundreds of millions in illicit revenue. Over nearly a decade, Aksoy established a sprawling network of at least 19 companies in the US, supported by approximately 15 Amazon storefronts and 10 eBay storefronts selling counterfeit Cisco networking equipment. His scheme exemplifies the rising sophistication of counterfeiters and the vulnerability of even robust supply chains to infiltration.
Upheaval in DRAM: 15-25% price increase possible
The memory market is experiencing major upheaval under the transformative impact of AI applications. Industry leader SK Hynix reports a staggering 144.3% year-on-year surge in revenue and predicts that this strong demand trajectory will continue. This optimism aligns with predictions from multiple sources that DRAM product prices could rise by 15-25% in the second quarter.
MLCC bounce back: Murata and industry expect renewed Growth
The multilayer ceramic capacitor (MLCC) market is signaling a significant rebound, propelled by the Chinese smartphone sector and burgeoning electric vehicle demand. Industry giant Murata reports a 30.8% increase in orders for the first quarter of 2024, a sign that a recent downturn may be reversing course.
Evertiq Expo – Malmo
Malmo is one of Sweden’s fastest growing regions for the established industry as well as for start-ups and university projects. Ericsson Radio Systems started its mobile development in the region in the 1980s, which became the backbone of the industrial development. The proximity to the Danish market also attracts several companies to the region. Today […]