Copper rise spike to increase competition for securing components

Posted on Tuesday, February 01 2011 @ 15:06 CET by Thomas De Maesschalck

DigiTimes reports new record prices for copper will increase the competition for securing component supplies for electronics:

As London Metal Exchange (LME) spot quotes for copper are expected to steadily climb to a new record level of nearly US$10,000 per metric ton after the Lunar New Year, sources from notebook vendors believe that the competition for securing component supplies will become a lot fiercer in the first half of 2011.

The rising raw material cost has already caused several makers of upstream components such as connectors and cables, to see dropping gross margins.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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