Rutronik has clinched a long-term agreement regarding the supply of ceramic capacitors and resistors with Yageo. As a result, Rutronik has secured the supply of these components for its customers through mid-2020.
“Securing supplies for our existing customers is our top priority,” said Stefan Sutalo, Product Marketing Director Passive Components at Rutronik. “This is why we have reached an agreement with our reliable partner Yageo that takes this into account and helps our customers plan for the future. When it comes to resistors and ceramic capacitors, Yageo has a global market share of more than 25% and has significantly increased its production capacity over the last three years.
“In light of the current severe shortage of passive components, Rutronik’s customers will particularly benefit from this long-term agreement,” Sutalo concluded.
Rising global demand for new products in the fields of smart home, IoT-capable applications, Industry 4.0, and electric vehicles, the worldwide shortage of passive electronic components has become extremely severe, and long lead times are now the norm. As a result, manufacturing companies are having an increasingly difficult time planning their production.