GENERAL OVERVIEWElectronic Manufacturing Industry Market Report For August

  • We are seeing no relief in lead time reduction, the ramp-up in demand continues to drive further increases in lead times across the entire market. We are currently facing lead times of up to 52weeks+.

 

  • Lead times are rising due to global shipment delays caused by the current lock downs that are affecting Malaysia and the Philippines.

 

  • To avoid delays, all customers are now being advised to place order schedules for the whole of 2022 and beyond as lead times from most suppliers are being pushed further out.

 

  • Further price surges are expected across all commodities as the cost of raw materials and transportation continues to grow.