January 26, 2022
By Timmy Bubak
GENERAL OVERVIEW
Many predicated optimism and signs of improvement throughout 2022 for the manufacturing sector. Unfortunately, they are wrong as the chip industry is in a constant struggle due to the high global demand for electronics troubled by a number of supply chain disruptions with no signs of relief. We are currently facing lead times of up to 52 weeks.
- Further price increases are predicted throughout the start of 2022 due to the high raw material and transportation costs.
- China’s on-going electricity issues are causing disruptions for the rest of the world.
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