Tag: chips shortage

High-tech vendors continue to battle supply-chain problems and higher costs brought on by the current semiconductor shortage, according to statements made in the most recent round of earnings calls. COVID-19 triggered an explosion of the global remote workforce, which created extraordinary demand for new tech gear. It also forced the shutdown of processor plants. Restarting those plants and renewing supply chains to their pre-pandemic state will be a lengthy process, industry leaders warn. “This is the worst I've seen it. And there have been some big ups and downs. And more...