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Despite recent efforts to curb the rising inflation rates seen in the U.S., little relief has been seen in the U.S. or in supply chains. These efforts included a third consecutive three-quarters percentage point interest rate hike from the Federal Reserve, even though Fed Chairman Jerome H Powell is quoted as saying “no one knows…
Some relief may be in sight for the semiconductor industry — but the relief comes with conditions, and there is no indication that those conditions will be met. Recently, GlobalWafers, the Taiwan-based wafer manufacturer and the third largest wafer manufacturer in the world, has announced new plans to build a $5 billion factory in on…
Although the global supply chain has a long way to go to reach pre-pandemic recovery, there are some notable signs that indicate the situation appears to be stabilizing. According to a report from logistics company Flexport, the time it takes as of July 10, 2022 for goods transported on an ocean freight to reach port…
Sometimes it’s the smallest things that have the largest impact. This is the story of the supply chain woes still being felt in the runup to the 2022 holiday season, with one of the largest struggles being the crippling supply of low-end legacy chips, sometimes known colloquially as “penny chips”. These chips can cost anywhere…
The United States is not the only country looking to shore up its domestic production of electronic components and semiconductors. According to Swarajya, India’s Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has announced a new government plan geared to the creation of $300 billion in electronics production by 2026. “The Government…
Labor has been a critical factor in supply chains since the beginning. At the height of the COVID-19 pandemic, stringent COVID protocols forced companies to scale back on shifts to promote social distancing, and the sudden stalling of the global economy forced many others to slash payroll altogether. When demand was low this was not…