Most do not see any impact from the recent macroeconomic issues in Europe. All seven presenting companies indicated the European macro-economic issues have caused no change in customer behavior with regard to order or forecasting patterns"
While the distributors see lead times as stable, EMS companies see them as increasing. The only component manufacturer presenting said lead-times were reasonable.
Component shortages abound. Most of the presenting companies are experiencing component or other supply shortages, and expect these to continue throughout the remainder of 2010.
While the demand environment appears robust across the supply chain, and even as there are some signs of late-cycle behavior (high book/bill, shortages, and certain double-ordering), Credit Suisse believes the limited supply growth will delay any over-supply situation for at least a few more quarters.