Business booms for high-service distributors
An increase in design engineering activity and tight supply of chips and other components is resulting in skyrocketing sales for high-service distributors.High-service electronics distributors have weathered the coronavirus pandemic with some reporting a 50 per cent increase in sales during the first five months of 2021.Most high-service distributors focus on design and sell small quantities of parts to engineers designing new products. Design activity has increased significantly in the first half of 2021. However, high-service distributors also report they are seeing strong sales from buyers at OEMs and electronics manufacturing services (EMS) providers who are looking for shortage components or parts needed for small production runs.