The electronics industry is a major consumer of commodities and has a significant impact on the global economy. The sector is responsible for manufacturing household and industrial products such as computers, televisions, mobile phones, refrigerators, washing machines, vacuum cleaners and air conditioners. Commodities are used to make the plastics, metals, chemicals and other raw materials that go into these products. Hence it goes without saying that metrics such as gold rate Latur or Kanpur are heavily affected by how the electronics industry affects the supply and demand of commodities such as gold. See more.
Some common metals used in the electronics industry include copper, aluminium, tin, silver, gold etc. Many of these are recovered from recycled electronics using hydrometallurgy, a process that involves the use of aqueous chemistry for metal extraction
The electronics industry also consumes millions of tons of other materials and fuels each year to build its products. Some of these materials are used in the manufacture of electronic products, while others are required to support the infrastructure needed to produce electronics products on a mass scale. Below is a list of commodities that are consumed by the electronics industry.
Copper is one of the most important electrical conductors in use today. The global electronics industry uses more than 10% of all copper produced annually. China and Japan are two of the world’s largest consumers of copper for electronic products. Copper is also widely used as an electrical conductor in wiring and circuit boards due to its superior conductivity.
Silver is another important metal used in the electronics industry. Silver has higher conductivity than gold or copper and it is much less expensive than gold which makes it an ideal choice for applications where high-speed signals are required or where contact resistance must be kept low.
Lithium is less widely used than copper. It occurs naturally in brines, but can also be found in hard rocks. Lithium can be extracted from both sources and made into lithium carbonate and lithium hydroxide for use as an alloy or electrolyte. Electronic devices that contain lithium include cell phones, laptops and medical equipment such as pacemakers.
Gold is one of the most widely used metals in the electronics industry for electrical contacts, switches and connectors. The main gold application is as a plating layer on top of other metals such as copper, nickel or iron to provide a protective barrier against corrosion. Gold also has excellent conductive properties, which make it ideal for use in electrical applications.
The amount of gold required to make an electronic device varies significantly depending on the product but can range from less than 1g to 50g. In a typical mobile phone, around 0.034g of gold can be found in each handset, primarily found within its circuit board along with copper and silver. This is why with the advent of new electronic devices and their heavy dependence on gold as a raw material the gold price today Sambalpur or for any other place are constantly increasing.
Tin is used for a variety of purposes in the electronics industry. The metal’s more modern application is as a solder for the electronics industry. The metal is also used to produce tin-based alloys such as bearings, low friction metals, and bronze and brass.
Tin is also used in the production of printed circuit boards (PCBs). The metal is coated onto copper boards to prevent oxidation.
However, technological advancements have seen tin’s use reduced in some applications over recent years. For example, tin has been replaced as a coating on lead wires with silver with advances in technology making it more cost-effective to use. In solder, tin has been replaced by lead in many applications due to similar cost considerations.