28 Jun 2021 -
 General

Lead times for ICs hit record 18 weeks as shortage deepens

Bloomberg recently quoted a research report by Susquehanna Financial Group (SIG) that from automakers to consumer electronics, industries with chip shortages will have to wait longer to obtain components because of the extended delay in orders.

The research published by the SIG showed that the overall chip lead time last month was 18 weeks, an increase of 7 days compared to April. This is the longest lead time since SIG started tracking in 2017, and is more than one month longer than the peak in 2018. The extension of the lead time shows that manufacturing is still difficult to keep up with demand.

“The data highlights that semiconductors are in a general shortage, because most of the key ICs, such as power management, discrete components, analog ICs, and passive components, have prolonged lead times,” said Chris Rolland, SIG analyst.

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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