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The impact of COVID-19 on the electronics industry

2022-06-02

As the COVID-19 pandemic has raged around the world, the issue of replacing chips made in China has

never stopped. With the comprehensive promotion of 5G construction, the rapid development of high-frequency and intelligent electronic application terminals, and the continuous improvement of downstream market demand for Internet of Things, new energy, automotive electronics, the market demand for terminal components has always maintained a rising trend.   

Since the beginning of 2022, the electronic components industry has not ushered in the recovery of market supply and demand balance, and the price rise caused by the continuous supply shortage is still tending to continue to rise.

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