GENERAL OVERVIEW Semiconductor manufacturers across the globe are continuing to feel the pressure as the demand continues to surge for consumer electronics. Recent reports state that average microchip lead time have risen to a record 22 weeks due to current transportation tariffs imposed on imported goods and power reduction mandates affecting China. Thanks to the rollout of coronavirus
GENERAL OVERVIEW The on-going supply chain disruptions and strong demand are causing continuous component shortages. We are currently facing lead times of up to 52 weeks. Current supply chain woes continue to cost Apple & Nintendo billions. While Jaguar Land Rover sales fell by almost a fifth in its second quarter due to worldwide chip shortage. China’s recent
GENERAL OVERVIEW There are signs of pricing stability across the market as we slowly start to see a light at the end of the tunnel. The power outages affecting China are causing further supply chain disruptions. It is advised that all customers plan ahead, and place their orders as soon as possible for 2023 to avoid further delays
The days where you popped into an electronic store and purchased a brand new or trending game console, a laptop or any other electrical device on demand are long gone. Other online tech giants such as Apple, Samsung & Sony are also struggling to deliver their products to your doorstep. Customers are getting confused, why they can’t get the products
GENERAL OVERVIEW With product availability being under constant constraint, there has been a continued rise in lead times across the whole market. There have been further surges in pricing across all commodities. Supplier capacity is being stretched due to a demand for immediate shipments from the low component inventory at the end of 2020. Due to this, we