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No relief from semiconductor shortages in 2022, says ABI

A combination of global risk factors will lead to the supply chain industry taking until 2023, and possibly beyond, to resolve the current electronic component shortage issues, says ABI Research. According to their new report, 70 Tech Trends that will/will not shape...

Rising material and labour costs continue to plague supply chain

Jan 6, 2022

IPC’s January 2022 global electronics manufacturing supply chain sentiment report found that materials and labour costs continue to be the largest issue facing the electronics supply chain, with nine in 10 electronics manufacturers reporting rising materials costs and more than three-fourths reporting rising labour costs. Though order flows continue to be strong, and both capacity utilisation and shipments are expanding, survey respondents reported growing backlogs and shrinking profit margins.

“Manufacturers expect to see continued increase in material and labor costs,” said IPC Chief Economist and report author Shawn DuBravac. “Escalating costs are in turn compressing profit margins. Ease of recruiting and finding skilled talent is expected to remain challenging and inventory levels are expected to remain tight for at least the next six months.”

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