MARKET UPDATE – 17.02.21

GENERAL OVERVIEW

  • Ramp up in demand is driving an increase in lead times, standard level is now 20-26 weeks.

 

  • Price increases being issued by manufacturer base by 5-8%, due to raw material and transportation costs both increasing.

 

  • Severe shortages on Semi-Conductors with General Motors to close 3 plants. They will be operating in South Korea only, at half its usual production capacity.

 

  • Factories remain closed in China, PCB supply will be affected (11th – 26th February).