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The global supply chain squeeze is affecting nearly every industry to some extent, but for one industry that is still relatively young, it has been particularly damaging. That industry is solar power. Due to a significant and lasting surge for components, labor, and freight as a result of COVID-19, solar power developers are slowing project…
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…
Amid ongoing issues related to the COVID-19 pandemic — which most recently have taken the form of a global chip shortfall that has the attention of lawmakers around the world — there is renewed focus on the importance of manufacturers building and maintaining long-term relationships with their suppliers and EMS providers. Continuing the Conversation on…
The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…