The circumstances of an economic collapse have been building as the economy’s outlook remains uncertain. In 2020 overall demand plummet as the Covid-19 pandemic kept everyone in hibernation. Many businesses had mass-layoffs, and others were forced to close.
Throughout the Covid-19 pandemic many businesses have undergone a digital transformation to thrive—or in some cases, just survive. This has significantly increased demand on the semiconductor ecosystem, fueling forecasts for continued growth in 2022.
NewPower Worldwide, the fastest-growing global independent distributor of electronic components and finished goods, was recognized in Source Today’s Top 50 Electronics Distributors report for the sixth year in a row. NewPower moved up to #13 in this highly competitive and rigorous annual report recognizing the world’s top distributors for electronic components.
The Nashua Telegraph, by George Pelletier – In a year that has been rough for local businesses, Nashua-based NewPower Worldwide, located at 107 Northeastern Blvd., has seen record profits while remembering the importance of community.