MARKET UPDATES – 17.11.21

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 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.