June 30, 2021
By Timmy Bubak
GENERAL OVERVIEW
- The demand for electronic components continues to increase globally, we expect further growth throughout the remainder of 2021 and into 2022.
- Material availability is more challenging than ever before, with some suppliers asking for payment in advance to secure supply.
- There have been further surges in pricing across all commodities.
- Supplier capacity is being stretched due to a demand for immediate shipments from the low component inventory at the end of 2020. Due to this, we are seeing a further increase in lead times of up to 52 weeks+.
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