February 2, 2022
By Timmy Bubak
GENERAL OVERVIEW
- Long lead times of up to 52 weeks will continue well into 2022 as we are facing a strong market demand for fast-growing telecommunications, 5G network services and consumer electronics.
- Labour shortages and transportation issues are causing further disruptions in supply chain.
- According to the head of shipping at HSBC, China’s zero-Covid restrictions will impact global supply chain recovery as any minor disruptions in the country will likely cause “ripple effects” around the globe.
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