Lack of workers struck electronics industry

Lack of frames hit the electronics manufacturers against the background of the ongoing crisis of chips, reports Reuters with reference to the IPC polling.

The IPC Trading Association, representing major industry players, reported that about 80 percent of producers were faced with difficulties in finding qualified workers. More than two thirds of the surveyed companies stated that their labor costs are growing.

Lack of frames aggravates problems in production, and also causes delays in the delivery of products at a time when the industry faces a global shortage of chip. More than half of the respondents IPC stated that the shortage of chips would last at least until the second half of 2022. In addition, 90 percent of companies reported that their total costs of other materials are growing.

As a result, manufacturers have encountered delays in supply and increasing profits. Only a quarter of the surveyed companies stated that their profits are growing, the rest expect to reduce it. In addition, the timing of orders increased in 88 percent of respondents.

The chief economist IPC Sean Dyubravak stated that the lack of labor was the most acute in North America and Europe. According to him, 44 percent of manufacturers increase wages to attract new personnel, but companies will have to take other measures to solve the problem. The third of the respondents already offer employees flexible schedule or additional education.

Chip deficiency forced many manufacturers to reduce production. The lack of semiconductors was caused by the growing demand for personal computers and another electronics, which turned out to be extremely necessary for people in the period of Lokdaunov. The crisis of deliveries in the last few months was aggravated because of the enterprises closed on quarantine in Malaysia, which accounts for 13 percent of the global semiconductor production.

/Media reports.