20 Sep 2021 -
 General

Soaring rare earth prices impact electronics manufacturing

Electronics manufacturers consider price increases as the rare-earth metals markets surge amid soaring demand and simmering tensions between the U.S. and China, the world’s most important source of these vital materials, reports Nikkei Asia.

Rare earth metals such as copper, lithium, or tin, which are used within semiconductor production, have seen tremendous price increases in the last year with lithium dioxide reaching 150% compared to September 2020. Lithium isn’t alone in its upwards price run: copper (one of the most common conductors) has seen price increases to the tune of 37%; aluminium, which enables lightweight metals and is commonly found on computing’s cases, has increased by 55%; and tin has increased 82%.

“The price increase for these most elementary elements in almost anything technologically-related will – and likely already is – leading to increased end-user pricing,” reports Tom’s Hardware, but says the suppliers must remain competitive and “can’t easily transfer the increased component costs to their global clients”.

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.

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

Related News

22 Jul 2024 - Industrial

Global Semiconductor Market Soaring, Projected to Surpass $1 Trillion by 2030

Read more

18 Jul 2024 - General

New N-Channel GaN FETs from Central Semiconductor

Read more

18 Jul 2024 - General

New Study Unveils Significant Value of Authorised Electronics Distributors

Read more

16 Jul 2024 - Defence

Astute Group Strengthens Embedded Computing Portfolio with AiTech Systems Distribution Deal

Read more

10 Jul 2024 - General

Counterfeit GPUs on the Rise: A Growing Concern for the Electronics Industry

Read more

09 Jul 2024 - General

DRAM Prices Skyrocket Amidst AI Boom and Production Shifts: A Deep Dive into the Memory Market

Read more