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In a recent interview with CNN, Intel CEO Pat Gelsinger blunty stated a disturbing reality that highlights the largest single threat to the global supply chain in the coming years: chip availability. And this means that inventory management strategies will be more important than ever. “[O]il reserves [have] defined geopolitics for the last five decades,”…
War is never something one likes to think about, especially as another war is already occurring in Ukraine. But with tensions between China and neighboring Taiwan continuing to escalate, the repercussions of another such conflict is something manufacturers across the world need to take into account in their future plans. The latest development in this…
Nearly a year into the Ukraine-Russia conflict, there still appears to be little end in sight. However, given the now extended length of the conflict, this is causing a variety of issues being felt around the world in 2023. This can be seen primarily in the global supply chain. One of largest repercussions thusfar has…
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…