Supply chain problems hit charities’ holiday gifts for kids
With less than four weeks to go until Christmas, Kristyn Begari has been rushing to find enough doll styling heads to give to kids in need. But, the purchasing coordinator for the California-based nonprofit Family Giving Tree says it’s been difficult to…
Supply chain issues: 12 things you may (or may not) have trouble finding during the 2021 holiday season
Supply chain issues or no, it’s beginning to look a lot like the holiday shopping season in places like New York City. U.S. retail sales surged in October. Noam Galai/Getty Images Finally, some good news about the supply chain: Concerns that our…
Luminar Shares Surge on Deal to Supply Lidar Sensors to Nvidia
Luminar (LAZR) – Get Luminar Technologies Report stock soared on Tuesday, surging more than 55% in premarket trading, after the laser lidar startup said it will supply its sensors to Nvidia (NVDA) – Get NVIDIA Corporation Report for a new…
Supply Chain Constraints Finally Catch Up to the Global Smartphone Market, Contributing to a 6.7% Decline in Third Quarter Shipments, According to IDC
The double-digit growth in the smartphone market in the early quarters of 2021 came to an end in the third quarter of 2021 (3Q21) as worldwide shipments declined 6.7% year over year. According to preliminary data from the International Data Corporation…
New Caledonia’s Prony to supply nickel to Tesla in multi-year deal
By Melanie Burton and Gus Trompiz MELBOURNE (Reuters) -Prony Resources said on Wednesday Tesla Inc had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal – a pact that is set to make the New Caledonian miner a key supplier of…
PC sales: Demand outstrips supply and backlogs persist, analysts warn
Amid a pandemic-driven boom in PC sales across the world, tech companies are in the strange position of being unable to meet demand due to chip and component shortages. Tech analyst firms have reported muted shipments in the third quarter of 2021, due…
Global PC shipment growth drops as supply fails to meet demand
After five quarters of double-digit gains, the PC market grew by just 5% last quarter as vendors struggled to fulfill an order backlog, Canalys says. Image: Sompetch Khanakornpratip/Shutterstock Global PC shipments scored another gain last quarter, but…
Oil Prices Slide Despite Supply Disruption
Oil prices fell on Tuesday morning as fears grew that Asian demand would not recover as quickly as originally expected. Supply disruptions from Hurricane Ida were not significant enough to counter this bearish news. Oil prices Oil Rigs Rig Count Energy…
Tesla, Ford, GM Stock Slides Amid EV Supply Chain Challenges
Electric vehicle stocks are struggling overall due to the continued global semiconductor shortages and supply chain barriers. However, Real Money’s Jim Collins says there’s more than one way to play the burgeoning market than just…
Global PC Sales Climb on Rebounding Supply Chains, Rising Demand
(Bloomberg) — Global personal computer shipments climbed in the second quarter, when vendors patched supply-chain issues and consumer demand for laptops surged with more people forced to work from home. PC makers shipped 2.8% more devices in the…