15 Jul 2021 -

Electronics sales continue to surge despite prices and shortages

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Electronics are among the strongest bounce-back markets post lockdown, continuing to sell despite a rise in prices and short supply, and surprising retailers and experts, reports technology site, LiveMint.

“Post-lockdown recovery has been surprising and that they now expect to meet their targets for the year. That’s if a third wave of the pandemic doesn’t happen,” reports Mint.

Speaking to major electronics retailer, they said, “If I compare post-unlock last year to this year, this year has been better. I have no clue why, because logic told us that it will not happen and it will be a tough recovery.”

Another said, “Demand hasn’t waned, so the only problem retailers may face is shortages. The consumer electronics industry has struggled to keep up with demand since lockdowns ended last year, due to a crippling shortage of chips globally and other supply chain constraints.”

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.

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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