Electronic Components Shortage

I’m sure you’ve noticed the shortage of electronic components due to COVID-19 restrictions on manufacturing, transport and distribution in general.

Before COVID-19, the display market had been in an oversupply with the slowdown in cell phone demand.  The increased demand for laptops, tablets, monitors, and TVs in 2020 has backfilled this capacity and driven us into a shortage situation. This shortage of electronic components is not only in the display market but extends to basic components like resistors and capacitors. This situation will probably continue throughout 2021, depending on the continued effect of COVID-19.

Allshore Industries, Tuesday, May 11, 2021