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We’re in a major electronic component shortage. The electronics industry is currently experiencing the most extreme component scarcity in over a decade. Lead times on passive components have drastically increased as a result, with some suppliers quoting as far out as mid- next year. The shortage and its impact is so widespread that the Electronic Components Supply Network (ECSN) is urging electronics buyers to “review their outlook on lead times for components amid surging global demand and reports of allocation risks on certain products.” Find out how electronics manufacturers are mitigating risks and planning ahead for component shortages.
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