The electronics supply chain is strong enough to get through the period of business uncertainty which will follow the UK decision to leave the EU, says Adam Fletcher, chairman, ECSN.

The head of the body which represents UK electronic component distributors and suppliers believes the sector should “keep its heads down” and try to continue as normal.

“The electronic components supply networks in the UK and internationally are well positioned to manage a period of turbulence,” said Fletcher.

“Organisations in our market have long experience in managing large fluctuations in exchange rates, highly uncertain customer demand forecasts and today have good inventory availability to support their customer’s needs.”

Fletcher is hopeful that after the inevitable short term adjustments as markets react to the actual outcome of the EU referendum and stepping down of the Prime Minister, “the fundamental underlying economic position of the UK is not diminished and after a short period of adjustment it will return to more stable and normal conditions,” said Fletcher.

By: DocMemory
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