I also work in manufacturing (the sales side), and there is a global shortage on just about everything from steel to oil based materials such as plastics and nylons. The global shortage is definitely not BS. But as someone who works almost exclusively with Chinese and Taiwanese manufacturers the factories have almost no motivation to improve the shortages. When there are shortages demand goes up, and supply obviously goes down. When you have a discrepancy in supply versus demand prices go up. In manufacturing when prices go up, they rarely ever go back down to pre-shortage levels. That means when the supply chain catches back up to the demand, they are now selling virtually the same product at the same cost pre shortage at a much greater profit. Chinese companies (where the majority of semi conductors are manufactured) have been manipulating supply chains for years.
While I know the supply chain issues are not BS, usually the factors that lead to them are suspect at best.
P.S.
Small world. I also work as a sales rep for a manufacturer that specializes in electronic components lol

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