In a statement Reckitt Benckiser said, it is boosting its production of baby formula by about 30% and increasing the frequency of deliveries to stores in order to mitigate a shortage in the U.S. supermarkets. The company which makes the baby… Read More ›
According to analysts at APK-Inform, Ukraine is likely to face a significant shortage of storing facilities in the 2022-2023 season following a sharp fall in exports as a fallout of the Russian invasion. Since late February, Ukraine has been forced… Read More ›
According to a source familiar with the matter at hand, Intel Corp is close to acquiring Israel’s Tower Semiconductor for around $6 billion. The deal comes at a time when Intel is looking to advance its strategy of contract manufacturing chips… Read More ›
In a statement Toyota Motor Corp said, production at its auto plants in Ontario has come to a grinding halt following truckers protesting Canada’s COVID-19 mandates which has caused a shortage of parts. “Due to a number of supply chain, severe… Read More ›
In an interview to German industry magazine Automobilwoche, a board member from Volkswagen opined, the global shortage of semiconductors is likely to continue this year and ease slightly during the second half. “The volatile situation will affect us at least… Read More ›
On Wednesday, Germany’s BGA trade association warned of massive disruption of supply chains following the rapid spread of the highly infectious Omicron variant of the coronarvirus, while saying, long-term disruption to supply chains is unlikely. A wide range of German… Read More ›
In recent days, European automakers who are already reeling from the global chip shortage have hastened to reassure shareholders that shortages in magnesium do not, for now pose a risk to production plans. Car part suppliers and industry associations have… Read More ›
On Wednesday, in a statement British Prime Minister Boris Johnson said, the government was preparing to ensure fuel supply chains were running smoothly for the run-up to Christmas as he tried to quell public fears of panic buying of fuel… Read More ›
BlackBerry Ltd reported its second quarter revenues which beat analysts’ estimate on the back of strong demand for its cybersecurity and Internet of Things software products. BlackBerry’s U.S.-listed shares rose by 9.1% to $10.43 in extended trading. Ahead of the… Read More ›
On Thursday, a trade industry body in Britain said, in July 2021 car production in the country has fallen to its lowest level since 1956; the global shortage of semiconductors as well as a shortage of staff because of the… Read More ›
manageria.biz 