As we enter the second quarter of 2021, we’re edging ever closer to the highly anticipated ‘new normal’.
But the electronics manufacturing industry, like so many other industries, is still riding the wave of the coronavirus pandemic.

Here is the latest quarterly roundup of key developments in the global electronics component market.

What does the rest of 2021 have in store for our industry?

Main highlights

Despite the obvious disruptions caused by COVID-19, the future for manufacturing looks bright. According to the National Association of Manufacturers (NAM) third quarter 2020 outlook survey, 66 per cent of manufacturer respondents are positive about their company’s outlook over this year, with increases expected in sales, employment, production growth rate and wages.