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Component Prices Rise 10% to 40% – But why?

While component price rises are expected when demand outstrips supply, the scale of recent increases has come as a shock to many businesses. In its Q3 Commodity Intelligence Quarterly, CMarket intelligence platform Supplyframe reports that some electronic components have seen prices rise by as much as 40%, making it uneconomical for products to be made. […]

Chips shortage limits auto production in Brazil and the rest of the world

“Never seen anything like it,” Tesla’s Elon Musk tweeted last month about the global chips shortage, “Fear of running out is causing every company to overorder – like the toilet paper shortage, but at epic scale.” If you want a prime example of the chips shortage, look to Brazil. In 2020, the automotive industry in […]