Deloitte recently published a report indicating the global semiconductor industry will generate over $600 billion in revenue in 2022. That represents a new high watermark for the sector since microchips have been indexed as a commodity. But in that same forecast, the consultancy predicted extended lead times could continue affecting the industry well into 2023.
Since there is no long-term visibility for the space, original equipment manufacturers need to understand that a return to stability is not on the horizon.
Ongoing raw material sourcing problems, manufacturing disruptions, and logistics bottlenecks are “the new normal.” Leading industry analysts have concluded the best way forward for electronic device makers involves implementing greater supply chain diversity and gaining dynamic market intelligence.
Sourcengine is uniquely equipped to provide OEMs, CMS, and EMS companies with both of those things and much more. Here’s a primer on just some of our services: