diff --git a/component-settings.yaml b/component-settings.yaml
index 32d0317..2cdc991 100644
--- a/component-settings.yaml
+++ b/component-settings.yaml
@@ -9,9 +9,9 @@ CERT_MANAGER_VERSION: "v1.20.2"
 METRICS_OPERATOR_VERSION: "v0.10.1"
 
 # open telemetry operator and collector
-OPEN_TELEMETRY_OPERATOR_CHART_VERSION: "0.110.0"
-OPEN_TELEMETRY_OPERATOR_IMAGE_VERSION: "v0.148.0"
-OPEN_TELEMETRY_COLLECTOR_IMAGE_VERSION: "v0.150.1"
+OPEN_TELEMETRY_OPERATOR_CHART_VERSION: "0.112.1"
+OPEN_TELEMETRY_OPERATOR_IMAGE_VERSION: "v0.150.0"
+OPEN_TELEMETRY_COLLECTOR_IMAGE_VERSION: "v0.151.0"
 
 # prometheus operator
 PROMETHEUS_OPERATOR_IMAGE_VERSION: "v0.91.0"