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When Elon Musk speaks, he usually draws attention. This time is no different. When asked about the reason for recent price increases in Teslas, his response gave an acute look into the state of the electronic component supply chain shortage and the consequences it might have for manufacturers and consumers. According to a May 31st…
2021 is not even half over, but already we have seen several glaring examples of just how fragile the modern supply chain really is. Irrespective of company size, product, or industry, one or more supply chain disruptions have the potential for disastrous consequences for manufacturers and other businesses. One example was recently seen with the…
Philips Foundation Releases Annual Report, Highlights Various 2020 Successes Fighting COVID-19 The Philips Foundation has published its 2020 Annual Report, which serves to highlight some of Philips’ recent accomplishments deploying health technology to underserved communities. With the COVID-19 pandemic impacting so much in the last year, this year’s report is particularly poignant. For example, according…
The semiconductor market is experiencing a very unique time, a time where two seemingly conflicting narratives are occurring simultaneously. On one hand, global demand and sales of chips and semiconductors have never been stronger. According to IDC, worldwide semiconductor sales grew to a mammoth $464 billion in 2020, a nearly 11% increase from 2019. Even…
Although price inflation is a risk that can be seen on a micro level with individual components, there is a growing amount of evidence that a broader inflation trend may be on the horizon. A large number of consumer-facing companies and wealth investors — including Warren Buffet — have already experienced shortages of critical inventory…
Ever since the mid-90s when the U.S. decided to enter into the open market to source its technology and critical inventory, military and defense supply chains have seen two conflicting narratives play out simultaneously. One, the transition to a multi-tiered supply chain system has accelerated the expansion of military and defense tech at a rate…