June 21, 2021

The globe is experiencing chip shortages, supply chain issues, and shipping delays. The combination of these issues has led to component lead times for new production of 50 plus weeks. NVT Phybridge does its best to keep enough stock of finished goods and longer lead-time components to support business requirements as forecasted. The unit production plan combines our opportunity forecasts, estimates for run rate business, and some reserve levels.

As of June 21, 2021, we do not have any supply chain issues to support the requirements of our forecasted opportunities on a probability-adjusted basis and our run rate for the foreseeable future. However, we see a ramp-up in demand and an interest of some partners to pull in requirements to ensure availability that may impact future supply timelines.

Please refer to our full policy statement for more information.

These are challenging times, and we will do everything possible to minimize the potential impact. We will require our partners to communicate more with us and take the necessary precautionary steps to ensure product availability when they need them.

Thank you for your continued support.

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