17 Aug 2021 -
 General

Chip lead time exceeds 20 weeks, says Bloomberg

Chip lead time reached 20.2 weeks in July, an increase of more than 8 days from the previous month, according to Bloomberg quoted Susquehanna Financial Group’s research.

This is the longest lead time since the company started tracking relevant data in 2017. Among the worst affected shortages were microcontrollers, where the lead time has rocketed from 6 to 9 weeks prior to the shortage, and now it is 26.5 weeks. Conversely, the lead time of the power management chip is shortened.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

With the extended chip lead time, buyers have little initiative in the terms and conditions when purchasing chips. Chip supplier executives said that customers are more willing to make long-term supply commitments than in the past.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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