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Chip stocks worldwide have slumped due to fears surrounding the global computer chip industry. The sell-off followed reports that the Biden administration may further tighten restrictions on exports of semiconductor equipment to China. Comments by former US President Donald Trump, suggesting that Taiwan should fund its own defence, added to these concerns. In the US,
Global semiconductor industry sales hit $49.1 billion during the month of May 2024 according to the Semiconductor Industry Association (SIA). This is an increase of 19.3% compared to the May 2023 total of $41.2 billion and an increase of 4.1% compared to the April 2024 total of $47.2 billion. “The global semiconductor market has grown
Many of us have heard over the past year or so of the trade war between the U.S. & China, with both parties looking to become independent of one another, so what’s happening currently? New waves of tariffs and restrictions have warmed things up recently as both parties tighten their grips at a crucial time
So, yes, there is evidence that supply chains are healing. However, although the worst may be over, most goods transported under contracts cost more. Inflation has wreaked havoc on many segments of the chain. Shipping container cost, for example, from Asia to the US West coast, is up more than 15x, while short-term prices for
I started researching this article on labor shortages to find out why they are an increasing and dangerous thorn in the side of supply chains. What I found was a ton of contradictions. Opinions ran the gamut from political ones along party lines, others involving an “us vs. them” view of age-related approaches to work,
While the United States can rest a little easier now that the White House calmed nerves by informing us that the Internal Revenue Service (IRS) will still be issuing tax refunds amidst the partial shutdown, there are still plenty of other vital operations disrupted. The partial shutdown, now in its 18th day, has affected over
