Could the demand for iPads, iPhones and other personal gadgets be fueling the world wide electronic ballast shortage? As crazy as that sounds, it seems to be the case.
The China Semiconductor Industry Association predicts that the market value of China's electronics industry will top US$1 trillion this year, with the consumer electronics segment accounting for US$80 billion worth. The surge of electronics production has also resulted in increasing demand for electronic components. On the flip side, Asian suppliers of these key electronic components - basic electronic items that are used widely across all industries - have yet to ratchet up production after cutting back two years ago as the global economic slowdown began to take hold.
What does this bode for our industry? More project delays, missed deadlines and frustrated clients.
We will continue to post breaking news on our blog - in addition to updating this page to allow you a quick, one, stop source for all articles addressing this issue.
Other Electrical Industry Articles:
Electrical Wholesaling Magazine: Distributors Reach Out to Warn Customers On Leadtimes for Some lighting Fixtures
Here is a short collection of articles outside the electrical industry that provide key insights into this current supply / demand crisis:
I had the opportunity to meet with some of our lighting manufacturers at a recent trade conference; when asked about the shortage, some manufacturers are forecasting continued shortages well into 2nd or 3rd quarter 2011.
As always, any updates will be posted on the Connexion website.