High-tech, higher stakes

Article Abstract:

Although the electronics industry has had a high rate of high-tech crime since the beginning of the 1980s, in the past three years the rates of this crime around the world have sky rocketed. Computer components are the main target of electronics industry thieves because they are worth great sums of money, are completely legal to possess, are easy to conceal and practically untraceable. To an individual company, the costs of burglaries averages in the hundreds of thousands to millions of dollars. The toll to company personnel is also climbing, with incidents of employees being physically harmed, psychologically tortured and kidnapped on the rise. In order to prevent this crime teamwork between all levels in a company's workforce is needed. Companies in the high-tech field need to have open communication with local law enforcement agencies to prevent theft, and remain prepared for the consequences of crime.

Other Electrical Equipment and Component Manufacturing, Electronics, Police Protection, Crimes Against Property, Editorial, Safety and security measures, Computer crime, Computer crimes

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More mega-mergers to come?

Article Abstract:

Arrow Electronics' acquisition of Premier farnell's non-catalog division and Bell Industries' acquisition of Milgray Electronics are indicative a general movement towards consolidation in the electronics distribution industry. Merging companies benefit from the transaction by improving their name-recognition, increasing access to marketing funds and expanding operations to markets worldwide. The largest consolidated firms are expected to continue gaining overall market share, but small distributors can pursue profitability by offering specialized services. The industry's general economic downturn in much of 1996 has diminished the financial strength of many distributors, and further decreasing profit margins may induce some companies to sell their assets to others in 1997.

Mergers, acquisitions and divestments, Forecasts and trends, Industry trend, Market trend/market analysis

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