Electronic components have come to define modern life. Despite, or perhaps because of, this ubiquity, the electronics manufacturing sector has been volatile in recent years and shows no signs of stabilising. Nevertheless, with 5G coming, automation on the rise and devices becoming increasingly ‘smart’, there are significant opportunities for UK manufacturers to thrive. Indeed, several are already doing so.
Long before the Coronavirus reared its ugly head and shook up global supply chains, many electronics manufacturers were already dealing with chronic components shortages. In almost every respect, global demand was outstripping supply – supply that had, for the most part been outsourced to South and East Asia. Rising demand wasn’t just related to volume,…
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