Panic! At the Manufacturing Line: Foxconn replaces 60,000 workers with robots

Foxconn Technology Group has cut 60,000 manufacturing jobs at one of its factories in Kunshan, China and replaced these positions with a robot workforce. Analysts are already making predictions that companies will move towards a robot workforce to automate┬ácertain manufacturing jobs. In a statement to the BBC, Foxconn stated that the move does not threaten […]

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Luxe Electronics saved over $2,000,000 for OEM customers

During the past quarter, we provided our customers with over $2,000,000 in savings. Here’s a recap of our most popular part numbers – and a quick comparison between our prices and distribution prices. Part Number Luxe’s Price Their Price XC5VLX330T-1FF1738I $1,500 $17,712 5SGXEABN2F45I2LN $900 $16,829 XC6VSX475T-1FFG1759I $3,700 $10,868 XC6SLX45-3FGG484I $21 $80 EP4SGX230DF29I3 $409 $7,740 XC5VSX240T-1FFG1738I […]

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China’s Tsinghua Unigroup Buys Financial Stake in FPGA Maker Lattice

  Last year, Tsinghua Unigroup attempted to acquire US memory-chip maker Micron Technology, but their attempt was unsuccessful. The Committee on Foreign Investment in the US (CFIUS) blocked the takeover attempt, believing it was a threat to national security. Having learned from their mistakes, this time state-owned Tsinghua Unigroup is investing a modest sum of […]

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