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.
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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 power outages are causing disruptions for the rest of the world.
- Suppliers are now expecting payments in advance to secure supply for raw material due to its low availability.
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