Latest news with #Kearney
Yahoo
a day ago
- Business
- Yahoo
/C O R R E C T I O N -- Kearney/
In the news release, Kearney's State of Semiconductors 2025 Report: AI Devours Chip Supply, Tariffs Cement Global Division, Low Buyer Confidence in Supply and Availability, issued 30-May-2025 by Kearney over PR Newswire, we are advised by the company that the quote in the fourth paragraph has been updated as originally issued inadvertently. The complete, corrected release follows: AI server demand races ahead at 40-50% CAGR, using both advanced and mature nodes Trade barriers are hard-wiring an East-vs.-West supply chain 65% confidence in resilience among semiconductor leaders, down from 82% last year 42% of leaders expect advanced-node shortages Product design is biggest lever to improve supply chain resilience CHICAGO, May 30, 2025 /PRNewswire/ -- Today, global strategy and management consultancy Kearney and the industry association serving the global semiconductor and electronics design and manufacturing supply chain, SEMI, announce the release of their collaborative report State of Semiconductors 2025|Braving the Storm: Navigating an Uncertain Future, the partnership's first study on the unique challenges of semiconductor production and supply management. Based on a survey of 200+ global supply chain leaders and analysis of 60+ products and 5,000+ components, the comprehensive study shows an uncertain, pressured, and at-risk semiconductor supply chain ecosystem, with surging demand driven by AI applications and mature electronics, automotive and industrial uses, alongside likely supply shortages due to tempered capacity investments, AI's voracious chip consumption and trade war disruptions. "The semiconductor industry stands at the center of global technological progress today," notes Kearney partner, global lead of PERLab and study co-author Bharat Kapoor. "Yet unlike oil, semiconductors are far from being a commodity, as they require meticulous coordination of intricate manufacturing processes, deep R&D investment, and highly skilled labor. This State of Semiconductors report points to deep fragmentation and uncertainty across systems, entities, regulation, and leadership at a moment when AI has gained supremacy in the chip supply chain—and it's crowding out everyone else." The report delves into end-product wafer consumption by node size and industry—including consumer electronics, servers, automotive, industrial, consumer appliances and telecom—and fab capacity by node size and region—including Taiwan, China, Japan, the Americas, Europe and the Middle East, Korea and Southeast Asia. It points out how AI distorts traditional chip allocation, and shows industry share. Kushal Fernandes, a partner in Kearney PERLab, adds: "Our analysis shows that tariffs have locked in a structural divide between Eastern and Western semiconductor ecosystems. Meanwhile, confidence among semiconductor buyers is impacted—only 65 percent of the leaders we spoke with feel confident about securing supply, a drop of 17 points from last year—and 42 percent expect shortages in advanced nodes. As AI demand accelerates, mature nodes remain critical and geopolitical tensions persist, the most prepared buyers will secure not just chips—but a competitive edge." Areas covered by the report include: How tariffs are reshaping the semiconductor landscape Waning buyer confidence in supply chain resilience An overview of sectoral trends, including servers, consumer electronics, automotive, industrial, consumer appliances, telecom and medical equipment Industry deep dives with analysis of company performance, node size consumption, AI and more Charting of globalization and intervention scenarios, with forecasts of how each would play out Value chain bottlenecks on fab expansion, including lithography, packaging and talent Bharat Kapoor concludes: "Supply chain resilience is no longer optional for manufacturers and purchasers of semiconductors. And we believe that the fastest route to supply chain resilience is product design—in particular, at this moment, changing design only where it moves the customer needle. Further, leaders need to be aware of developments in other chip-dependent industries, as they will be competing for the same supply." Read the full report here. Learn more about SEMI's World Fab Forecast Learn more the SEMI Supply Chain Management Initiative About the Kearney State of Semiconductors 2025 Report This year's Kearney State of Semiconductors report is a multipronged look at the global semiconductor industry. The study is based on a Kearney survey of more than 200 semiconductor supply chain leaders, along with PERLab analysis of over 60 products and 5,000 components to arrive at the semiconductor composition of devices. Three market scenarios—baseline, constrained and surplus—were simulated for wafer consumption and fabrication capacity to see the variation of supply constraints. For more on methodology, please see Appendix: Model Methodology in State of Semiconductors 2025|Braving the Storm: Navigating an Uncertain Future. About SEMISEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through advocacy, workforce development, sustainability, supply chain management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members' business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit contact a regional office, and connect with SEMI on LinkedIn and X to learn more. About Kearney Since 1926, Kearney has been a leading management consulting firm and trusted partner to three-quarters of the Fortune Global 500 and governments around the world. With a presence across more than 40 countries, our people make us who we are. We work impact first, tackling your toughest challenges with original thinking and a commitment to making change happen together. By your side, we deliver—value, results, impact. To learn more about Kearney, please visit About PERLab The Product Excellence and Renewal Lab (PERLab), part of Kearney's Innovate network, is our global dedicated practice for "everything product." We help our clients make products that consumers fall in love with. Our design-driven approach to gross margin transformation offers end-to-end capabilities to support growth at every point in a product's life cycle. Our experts in product design, product development, sustainability, user experience, industrial design, IoT, consumer insights, product engineering, packaging design, and manufacturing excellence help organizations disrupt markets and leapfrog the competition. For more information, visit US press contact: Meir KahtanMeir Kahtan Public Relationsmkahtan@ | +1 917-864-0800 View original content to download multimedia: SOURCE Kearney Sign in to access your portfolio
Khaleej Times
a day ago
- Business
- Khaleej Times
UAE live streaming market set to surge to $3.4 billion by 2030, report says
Heads up, UAE content creators: Take advantage of the live streaming segment as it is expected to grow in the country from $1.9 billion to $3.4 billion by 2030. Overall across the Mena region, the industry is projected to reach $17.8 billion by 2030, according to TikTok's newly released report. Yahya Munir, TikTok Live trust & experience manager for Mena, highlighted the opportunity in livestreaming market that is currently valued at $8.1 billion across the Mena region. 'It is fast becoming a cornerstone of the digital economy, driving job creation, entrepreneurship, and creative industry growth across the region,' he said in a statement sent to Khaleej Times on Friday. TikTok, which was released in September 2016, underlined: 'The UAE can attract talent, amplify local stories, and cement its role as a leader in the global livestreaming economy. Munir explained: 'Livestreaming is redefining how content is created, consumed, and monetised across Mena. This is no longer just a creator trend – it's a fast-growing economic force that is unlocking opportunities for creators, brands, and communities alike.' According TikTok's 'Future of Entertainment' report – done in collaboration with consulting firm Kearney – more than 10 million people across Mena have livestreamed at least once. 'This proves the format's accessibility and surging popularity.' 115,000 go live daily In the UAE, around 115,000 social media users are estimated to go live daily on (various) livestreaming platforms — 'producing content that ranges from entertainment and educational topics to emerging lifestyle and niche formats.' 'These creators are empowered by TikTok's various resources and features that educate creators on how to utilise TikTok LIVE, the different offerings and monetisation opportunities, helping them professionalise and scale their reach,' TikTok noted, adding: 'The UAE is well-positioned to become a regional hub for livestreaming, thanks to its strong infrastructure, progressive regulation, and national focus on digital growth.' The UAE's Digital Economy Strategy actually aims for the country 's tech sector to constitute 20 per cent of overall GDP by 2031 — a benchmark that, if attained, would position the UAE as a regional and global leader in technology. The UAE Centennial Plan 2071, meanwhile, includes long-term goals for creating a knowledge-based economy driven by technology and digital transformation. The key, TikTok noted, is a 'combination of real-time interactivity, creator-driven production, and direct audience engagement' to reshape media consumption patterns and offer new avenues for commercial brands. Here are the other key findings of TikTok's 'Future of Entertainment' report: Mena creators produce a variety of content tailored to audience preferences, ranging from global trends to region-specific offerings. Gaming remains a global powerhouse, with platforms such as Twitch driving this preference, while interactive discussions, which can revolve around an immense range of topics and genres including comedic entertainment, serious debates, open forums, and informative lectures, have gained widespread popularity Educational content, including live tutorials and workshops, appeals to knowledge-seeking audiences, while live commerce merges entertainment and shopping to create interactive product demonstrations. Music and dance performances also feature prominently. Religious livestreams, including Quran recitations, discussions on Islamic teachings, and interactive faith-based content, have attracted a distinct audience. There is a notable growth in categories such as cooking, fitness coaching, and highly specific hobbies. The Mena region currently has more than 700 agencies, representing a relatively underdeveloped industry compared to China, where some 80 percent of creators who livestream daily are affiliated with agencies. Mena has only around 10 per cent of creators who livestream daily work with agencies – this highlights the opportunity to scale up agency involvement. Agencies are emerging as important enablers that provide training, tools, and infrastructure to help creators enhance content and build sustainable careers. A typical agency employs 15 to 20 people and manages anywhere from 200 to 500 creators. Larger agencies can have 100 or more employees, overseeing the careers of 5,000 or more creators. Agencies in Mena manage creators spread across different countries and maintain offices in multiple countries to support their diverse creator base.
CNBC
a day ago
- Business
- CNBC
Why U.S. policies like baby bonds and child tax credits can't convince Americans to have kids
America's fertility rate is hovering around historic lows, with approximately 1.6 births per woman over her lifetime. This is below the level needed to sustain the population, which is 2.1 births per woman. "Our population will, in the not too distant future, start to decline," said Melissa Kearney, a professor of economics at the University of Maryland. "That's why this is an issue for governments and for the economy, and politicians are starting to pay attention." The economic implications of a shrinking population are broad. For example, fewer births mean fewer future workers to support programs like Social Security and Medicare, which rely on a healthy worker-to-retiree ratio. "The concern here in the U.S. is that if we see kind of dramatic declines in fertility, we will eventually see also kind of a drag on our economy and our capacity to cover all sorts of government programs like Medicare and Social Security," said Brad Wilcox, a sociology professor at the University of Virginia and director of the Get Married Initiative at the Institute For Family Studies. More from Personal Finance:House GOP bill calls for bigger 'pass-through' business tax breakTrump administration axes Biden-era barrier for crypto in 401(k) plansFewer international tourists may lead to 'staggering' economic losses Lawmakers from both parties have proposed various financial incentives to address declining fertility. The White House is considering lump-sum payments of $5,000 for each newborn, according to The New York Times. Last week, the House passed a massive tax and spending package that includes among other provisions, a bigger child tax credit and new "Trump Accounts" with $1,000 in seed money for newborns. However, Kearney said such policy measures are unlikely to meaningfully affect long-term fertility trends. "I think the kinds of financial incentives or benefits that we're providing just really aren't enough to really change the calculus of, a trade off of ... bringing a child into one's household or family," Kearney said. "That's an 18-year commitment. It's not just a one-year cost." The issue may go beyond money. It's common for fertility to decline during economic uncertainty, but it usually rebounds once the shock ends, experts say. Surprisingly, birth rates did not recover after the Great Recession. "That kind of caught a lot of demographers around the world flat-footed, because it also didn't happen in other countries," said Karen Guzzo, director of Carolina Population Center and a sociology professor at University of North Carolina at Chapel Hill. "So this goes against a lot of this demographic history that we have, which led people to start thinking, okay, what exactly might be happening?" Even with stronger economic support, experts say America faces a deeper, more complex problem: a cultural shift in how people view parenthood itself. "More and more young adults are kind of assuming that what matters for them is their education, their money, and especially their careers," Wilcox said. Watch the video above to learn more about why government efforts to raise America's birthrate have struggled to address the deeper economic and cultural challenges.
Associated Press
a day ago
- Business
- Associated Press
Kearney's State of Semiconductors 2025 Report: AI Devours Chip Supply, Tariffs Cement Global Division, Low Buyer Confidence in Supply and Availability
CHICAGO, May 30, 2025 /PRNewswire/ -- Today, global strategy and management consultancy Kearney and the industry association serving the global semiconductor and electronics design and manufacturing supply chain, SEMI, announce the release of their collaborative report State of Semiconductors 2025|Braving the Storm: Navigating an Uncertain Future, the partnership's first study on the unique challenges of semiconductor production and supply management. Based on a survey of 200+ global supply chain leaders and analysis of 60+ products and 5,000+ components, the comprehensive study shows an uncertain, pressured, and at-risk semiconductor supply chain ecosystem, with surging demand driven by AI applications and mature electronics, automotive and industrial uses, alongside likely supply shortages due to tempered capacity investments, AI's voracious chip consumption and trade war disruptions. 'The semiconductor industry stands at the center of global technological progress today,' notes Kearney partner, global lead of PERLab and study co-author Bharat Kapoor. 'Yet unlike oil, semiconductors are far from being a commodity, as they require meticulous coordination of intricate manufacturing processes, deep R&D investment, and highly skilled labor. This State of Semiconductors report points to deep fragmentation and uncertainty across systems, entities, regulation, and leadership at a moment when AI has gained supremacy in the chip supply chain—and it's crowding out everyone else.' The report delves into end-product wafer consumption by node size and industry—including consumer electronics, servers, automotive, industrial, consumer appliances and telecom—and fab capacity by node size and region—including Taiwan, China, Japan, the Americas, Europe and the Middle East, Korea and Southeast Asia. It points out how AI distorts traditional chip allocation, and shows industry share. PS Subramaniam, a partner in Kearney's Strategic Operations Practice, adds: 'Our analysis shows that tariffs have locked in a structural divide between Eastern and Western semiconductor ecosystems, with China and South Korea aggressively investing in fabs while the US doubles down on reshoring. Meanwhile, confidence among semiconductor buyers is impacted—only 65 percent of the leaders we spoke with feel confident about securing supply, a drop of 17 points from last year—and 42 percent expect shortages in advanced nodes. As AI demand accelerates, mature nodes remain critical and geopolitical tensions persist, the most prepared buyers will secure not just chips—but a competitive edge.' Areas covered by the report include: Bharat Kapoor concludes: 'Supply chain resilience is no longer optional for manufacturers and purchasers of semiconductors. And we believe that the fastest route to supply chain resilience is product design—in particular, at this moment, changing design only where it moves the customer needle. Further, leaders need to be aware of developments in other chip-dependent industries, as they will be competing for the same supply.' Read the full report here. Learn more about SEMI's World Fab Forecast Learn more the SEMI Supply Chain Management Initiative About the Kearney State of Semiconductors 2025 Report This year's Kearney State of Semiconductors report is a multipronged look at the global semiconductor industry. The study is based on a Kearney survey of more than 200 semiconductor supply chain leaders, along with PERLab analysis of over 60 products and 5,000 components to arrive at the semiconductor composition of devices. Three market scenarios—baseline, constrained and surplus—were simulated for wafer consumption and fabrication capacity to see the variation of supply constraints. For more on methodology, please see Appendix: Model Methodology in State of Semiconductors 2025|Braving the Storm: Navigating an Uncertain Future. About SEMI SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through advocacy, workforce development, sustainability, supply chain management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members' business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit contact a regional office, and connect with SEMI on LinkedIn and X to learn more. About Kearney Since 1926, Kearney has been a leading management consulting firm and trusted partner to three-quarters of the Fortune Global 500 and governments around the world. With a presence across more than 40 countries, our people make us who we are. We work impact first, tackling your toughest challenges with original thinking and a commitment to making change happen together. By your side, we deliver—value, results, impact. To learn more about Kearney, please visit About PERLab The Product Excellence and Renewal Lab (PERLab), part of Kearney's Innovate network, is our global dedicated practice for 'everything product.' We help our clients make products that consumers fall in love with. Our design-driven approach to gross margin transformation offers end-to-end capabilities to support growth at every point in a product's life cycle. Our experts in product design, product development, sustainability, user experience, industrial design, IoT, consumer insights, product engineering, packaging design, and manufacturing excellence help organizations disrupt markets and leapfrog the competition. For more information, visit US press contact: Meir Kahtan Meir Kahtan Public Relations [email protected] | +1 917-864-0800 View original content to download multimedia: SOURCE Kearney
Yahoo
4 days ago
- Business
- Yahoo
Experts advise manufacturers to ‘keep it calm, keep it cool' as tariffs drive uncertainty
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. As manufacturers navigate tariff uncertainty, experts on a panel at the Medical Design & Manufacturing East expo in New York City on May 22 said it's important to keep a level head and make rational decisions about business operations and relationships. Andreas Haag, CEO at Streamliners Management Consulting, said his role recently has 'turned to being the therapist of senior leaderships,' with clients feeling more anxious or hesitant about decision-making due to tariffs. Global makers of drugs, microchips, cars and more have responded to the Trump administration's trade policy with pledges to invest or relocate their production to the United States to avoid higher taxes on goods and services. However, the panelists said not everyone should make the same move. Shay Luo, a partner at management consulting firm Kearney, said companies should consider factors like demand, location and cost before upheaving or expanding their production. 'We have to keep reminding people, like, be rational. Do not be emotional on this topic,' Luo said. Tensions between the U.S. and China have resulted in a rollercoaster of tariffs, with rates varying between 10% to 145% in recent months. At their peak, the reciprocal taxes tanked U.S. stock markets and created uncertainty around how tariffs would impact prices and consumer demand. They have since been lowered to an effective 30% rate for Chinese imports and 10% for U.S. exports as part of a 90-day pause between the two countries. With rates as volatile as they are, Haag recommended manufacturers keep their supplier relationships in place in China. At some point, he said, the tariffs will be lifted and companies that pivoted to the U.S. will be in a race to re-establish their former suppliers. 'It's going to be survival of the fittest,' Haag said. 'If you have cut off ties, you're going to be out of business.' Luo, who works on Kearney's annual reshoring index, a barometer that tracks job reshoring to the U.S. from Asia, has been monitoring relocation trends in manufacturing for years. Despite recent domestic manufacturing commitments from executives, this year's report showed an overall slowdown in reshoring activity, illustrated by declines in its manufacturing import ratio, driven by supply-demand factors. A common factor among companies who successfully make the transition is that they work with their existing suppliers rather than pivot to others, Luo said. 'You will be surprised how many of your suppliers based out of Asia are willing to work together with you to establish another factory or production line in Mexico or in the U.S.,' she said. One of the biggest challenges facing manufacturers looking to expand or bring production back to the U.S. is navigating the ever-evolving web of regulatory hurdles. Matthew Wright, founder and executive chairman at Specright, a software firm focused on specification data management, said it's hard to add production lines or construct buildings in most states and jurisdictions in a timely manner. Wright is a former packaging executive. '[A company] may have a great idea to bring product back to the U.S., then realize it's a two- to three-year project to get capacity up and running, and half of that is because of delays and local regulatory issues,' Wright said. To expedite business development, Congress previously launched the Opportunity Zone program during President Donald Trump's first term to spur economic growth by awarding companies tax benefits for investing in historically underserved or distressed areas. Wright said he wants to see the federal government do more with the program. As part of Trump's 'One, Big, Beautiful Bill,' lawmakers are looking to pass legislation that would restructure and expand the 2017 program to include more qualifying 'opportunity zones' and investment incentives. As tariffs raise the cost of goods and services, many manufacturers are looking for ways to avoid passing those increases on to consumers. Wright said leadership should re-engage their companies around a unified goal of lowering costs to drive demand during these uncertain times. 'I do think margins in general are very razor thin,' Wright said, but there is also an opportunity for companies to lower their costs through supplier negotiations or by acting on tariff mitigation 'playbooks' from years ago. Market disruption from tariffs can also yield opportunities that drive operational efficiencies within companies and workforces. 'I actually think this is an unbelievable opportunity right now to really make change happen, and to make improvements that will stay much longer than the tariffs,' Haag said. The MD&M East expo is run by Informa, which owns a controlling stake in Informa TechTarget, the publisher behind Manufacturing Dive. Informa has no influence over Manufacturing Dive's coverage. Recommended Reading How PPE makers strive to continue US production amid trade challenges Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
