In the near future, the delivery bottlenecks for electronic components could affect the manufacturers of entertainment electronics and telecommunications equipment as well as the auto industry. Consumers have to expect longer delivery times and rising prices, reported the World on sunday. The newspaper interviewed 20 providers of routers, telephones, consumer electronics and household appliances such as refrigerators and washing machines.
Extended delivery times, 60 weeks lead time
Due to the increased demand in the corona pandemic and bottlenecks in the procurement of semiconductors, all companies are therefore working to adapt their logistics. However, there are also significantly longer delivery times for suppliers.
For example, the company AVM, which offers one of the most popular WLAN routers in Germany with the Fritzbox, reported that delivery commitments for components were canceled at short notice. The company has to wait up to a year for newly ordered goods. Therefore, delivery bottlenecks could not be ruled out. Gigaset, a manufacturer of cordless telephones, smartphones and devices for the smart home, has similar problems. About 80 percent of Gigaset products are potentially affected by the shortage of chips, it said in the report. Gigaset also claims to suffer from extended delivery times and replacement times of up to 60 weeks.
Rising consumer prices observed
The price comparison portal Idealo reported rising prices. “Our data shows that the ongoing semiconductor shortages are apparently also having an impact on consumer prices,” Michael Stempin, pricing expert at Idealo, told the newspaper. A significant price increase has been observed for many products from the electrical sector, especially in the last few months.
Due to a lack of semiconductor chips, car manufacturers such as Ford, Audi, VW and Daimler have already canceled shifts and had to cut back on production. The chip giant Intel recently warned that the bottlenecks could last for several years – also because investments do not take effect immediately. The shortage was triggered, among other things, by the skyrocketing demand for technology such as laptops in the corona pandemic and inventory purchases by the Chinese Huawei group in view of US sanctions.