August 18, 2021
By Timmy Bubak
GENERAL OVERVIEW
- Due to continued investment in 5G and IoT technology, there has been a global increase in demand for electronic components.
- The ongoing component shortages and low material availability are causing lead times of up to 52weeks+ across the whole market.
- It is advised that all customers should plan ahead, and place their orders as soon as possible for 2022 and beyond to avoid further delays.
- Recent electricity shortages across China factories are further impacting lead times and this is expected to continue until late August.
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