January 17, 2024, ECIA Newsletter
ECIA is Looking Forward to EDS 2024!
The EDS Summit will take place at Resorts World Las Vegas, from Tuesday, May 21 to Friday, May 24. The 2024 Summit theme is “Better Together." Although the location will be new, everyone will enjoy a rewarding EDS at a spectacular new venue. We are looking forward to this renewed EDS! Learn more in the official press release and check out the EDS 2024 Resorts World FAQ! EIGP 114 Rev A Labeling Standard, ‘Labeling Specification for Product and Shipment Identification in the Electronics Industry - 2D BarcodeThe ECIA’s Global Industry Practices Committee (GIPC) is pleased to announce the publication of its EIGP 114 Rev A Labeling Standard, ‘Labeling Specification for Product and Shipment Identification in the Electronics Industry - 2D Barcode (Including Human Readable and 1D Barcode).” This milestone represents the culmination of several years of work by the GIPC committee identifying and standardizing the common requirements of distributors and end customers, which has allowed the creation of standardized formats that suppliers can use with all of their ECIA trading partners. These specifications further refine the use of ANSI MH10 Data Identifiers and are intended to bring usage into closer alignment with the existing standards. This 55-page document suggests recommendations for symbology(s), dimensions, print quality, standardized sets of data, and data identifiers, as well as specific barcode placement for each applicable level of labeling applications used in the electronic component supply chain. EBITDA Coalition Update: Tax Deal AnnouncedThe Chairs of the House Ways & Means and Senate Finance Committees announced a bipartisan tax deal this morning that would restore the EBITDA standard for interest deductibility retroactively to 2022 and prospectively through 2025. The legislation, called the Tax Relief for American Families and Workers Act, would also restore domestic R&D expensing and full expensing for capital equipment purchases. The NAM (National Association of Manufacturers) is leading a business sign-on letter in support of the deal to encourage congressional leadership to bring it to a vote as soon as possible. In the interest of showing the business community’s immediate support, the deadline to sign the letter is COB this Thursday, January 18. ECIA Research and Analysis
ECIA offers its members insight into the industry and a variety of market trends information. Members can log into the website and visit the Stats & Insights page to access an increasing number of statistical reports. Some are available to the public, some to members and others are only accessible to those who participate in the survey. Recent reports:
Visit the stats and insights drop down menu on our website for more information. Member of the WeekCongratulations to manufacturers’ rep, RC Merchant, Member of the Week! RC Merchant’s success comes from long-standing relationships & industry knowledge. They provide a complete catalog of leading-edge products and in 2024 celebrate 100 years of experience representing manufacturers of high integrity. Contact Info: Electronic Components Industry Association 310 Maxwell Road, Suite 200, Alpharetta, GA 30009 678.393.999
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