- 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.