GENERAL OVERVIEWElectronic Manufacturing Industry Market Report For August

  • Significant raw material cost increase forces suppliers to increase their pricing in order to support customer’s demand and sustain their supply chains.

 

  • Toyota, Ford and Volvo slows down production due to global component shortages.

 

  • The current component shortages and low material availability are causing lead times of up to 52weeks+ across the whole market.

 

  • New COVID-19 infection spikes are causing nation lock-downs resulting in further delays due to  reduced workforce capacities.