In January this year, analysts at Susquehanna Financial Group saw a slight reduction in lead times for semiconductor components, but the February stats were blunt — the average wait time for an order from customers rose three days to 26.2 weeks. In some market segments, the situation deteriorated even further.
The easing in January was the only improvement since 2019. The industry first saw signs of longer lead times for semiconductor components in the first half of 2020, as the pandemic boosted demand for a range of electronics products. Now delivery times are starting to increase again, albeit not as fast as in 2021.
According to Susquehanna Financial Group, the average lead time for microcontrollers in February was 35.7 weeks, the highest for this category. The delivery time for power electronics, which is required in the production of many technical devices, including cars and electric vehicles, has been extended by a week and a half. According to forecasts by the US authorities, the shortage of components will continue at least until the second half of the year. Some market participants urge patience until the end of 2023. Recent geopolitical events can also exacerbate the situation in the production and delivery of semiconductor products.