- 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.