since August last year. The Oct. 7 column commented on the impact that declining demand and excess supply of component prices would have. (Insert stopped clock joke here.)
To revisit that Oct. 7 column for a minute: "… the inventory build is something that most don't want to acknowledge, and which can have a significant ripple effect … For OEMs, it's fairly positive, because they'll keep part of the price reduction and pass on the rest to the customer. When suppliers publicly admit they have inventory, it's always a bonanza for those who buy and use chips. Pricing becomes negotiable versus the previous year or so that parts have been on "allocation." Compounding the risk to the sector is buyers now have an incentive to wait, since prices seem likely to fall even further.