August 25, 2021
By Timmy Bubak
GENERAL OVERVIEW
- The current market situation remains unchanged. Further growth surges are expected all the way through to 2022 due to the ongoing component shortages causing constraint capacities and longer lead times.
- Due to the national lock-downs affecting Malaysia and the Philippines, there have been significant shipment delays impacting lead times. We are now expecting lead times of up to 52weeks+.
- Price increase across the whole market continues to rise as both raw material and transportation costs remain high.
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