📊Executive Summary

The global shortage of printed circuit boards (PCBs) is worsening, with some Chinese manufacturers quoting delivery dates as far out as 2028. This situation is exacerbated by a supply interruption from the Jubail petrochemical complex in Saudi Arabia, which has been offline since March due to regional conflicts, affecting the availability of high-purity PPE resin for laminates. Lead times for epoxy resin have surged from three weeks to 15 weeks, and prices for copper-clad laminate have increased by 70% year-over-year, with some reports indicating a 40% rise in just one month. The Indian Electronics Industries Association is seeking government support to mitigate these challenges, as output could decline by 30-40% over the next three months if conditions do not improve....