The Latest Breaking News from Supply chain

Despite various supply chain constraints and semiconductor shortages, the laser industry is expected to achieve significant growth in 2022, thanks to substantial demand from multiple sectors, including industrial, telecommunications, electronics, automotive, defense, and medical devices. And an increase in technological investments in these sectors should benefit the laser industry. So,…

Mercedes’ CEO notes these issues “have been like an unwanted experiment” but says the manufacturer will try to get EVs in customers' hands as soon as possible.

Bausch Health Companies Inc (NYSE:BHC) has reported Q1 revenues of $1.92 billion, down 5% Y/Y. Excluding the unfavorable impact of foreign exchange of $41 million and divestitures & discontinuations of $72 million, revenue was flat organically compared to Q1 FY21. Adjusted net income declined to $263 million from $370 million a year…

New factory should result in a more resilient supply chain and more jobs in Dumfries

The iconic apparel brand marketer Hanesbrands Inc. (HBI) posted solid sales and earnings growth in its last reported quarter, led by year-over-year improvement in segmental revenue. In addition, the company declared a regular cash dividend of 0.15. The stock delivers a 4.8% dividend yield currently. But is it worth adding…

Li Auto Inc (NASDAQ:LI) reported first-quarter FY22 revenue growth of 167.5% year-on-year to RMB9.56 billion ($1.51 billion), beating the consensus of $1.44 billion. Non-GAAP earnings per ADS attributable to ordinary shareholders were RMB0.47 or $0.07, above the consensus of $(0.10). Deliveries of Li ONEs jumped 152.1% Y/Y to 31,716 vehicles. Vehicle margin rose 550…

Sony has been forced to slash its sales target for Playstation 5 consoles this year due to part shortages and supply chain woes.

Amid a deepening supply chain crisis owing to the war between Russia and Ukraine, reinstated lockdown measures in China, and heightened inflationary pressures, the industrial sector is expected to remain under immense pressure in the coming months. Given their bleak growth prospects, we think one should consider avoiding fundamentally weak…

KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ:CRUS), Lattice Semiconductor Corporation (NASDAQ:LSCC), Monolithic Power Systems, Inc (NASDAQ: MPWR), NXP Semiconductors N.V. (NASDAQ:NXPI), ON Semiconductor Corporation (NASDAQ: ON), Qorvo, Inc (NASDAQ: QRVO), Skyworks Solutions, Inc (NASDAQ: SWKS), Synaptics Inc (NASDAQ:SYNA)) and reported positive results but mixed guidance. The broad-based analog (LSCC, MPWR, NXPI, ON) reported robust results/guidance, and China smartphone-exposed companies…

Johnson Outdoors Inc (NASDAQ:JOUT) reported a second-quarter FY22 sales decline of 8% year-on-year to $189.62 million, missing the consensus of $202.32 million. EPS of $0.97 missed the analyst consensus of $1.85. The gross margin contracted 903 basis points Y/Y to 36.2%, primarily due to increased materials and inbound freight costs driven by supply…

With continuing production and supply chain hurdles, the copper shortage has become worldwide. However, demand for copper across several industries continues to be strong. Thus, amid surging copper price estimates, we think it could be wise to bet on the stocks of quality copper companies Southern Copper (SCCO) and Freeport-McMoRan…