Global Component Shortages Continue

Global Component Shortages Continue

Posted on: August 15, 2018

Electronic components continue to see a shortage in global supply for the second half of 2018. This industry-wide shortage especially affects resistors and capacitors. Therefore, SEACOMP companies (Displaytech, HDP Power, and MH MFG) are experiencing extended lead times for many of our standard and custom products. In this environment, we strongly recommend that all customers contact us to develop a strategy for any upcoming product requirements. We currently are unable to best predict when the supply will be refilled and lead times return to normal.

With the current situation as is, here are two primary options to better handle the long lead times:

  1. Place a blanket purchase order for finished goods with a delivery schedule that is spread out up to 12 months.
  2. Place a purchase order for long lead time (LLT) material only. This option requires a material deposit for LLT materials that will be reserved only for your future production.

We are committed to working with our customers to ensure continuity of supply and to mitigate supply risk in a volatile, uncertain market. Please contact us today to review your requirements and to plan for a successful future.

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