Product Shortage

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Reckitt Benckiser RBGLY 0.75% Group PLC is to import infant-formula powder to the U.S. from a facility in Singapore, in what it said is the largest contribution so far from a manufacturer aimed at mitigating a nationwide formula shortage. The Enfamil owner said it would send the equivalent of 66 million 8-oz bottles of base infant formula powder between now and November—enough to feed more than 130,000 babies a month, on average. The…

Applied Materials Inc. is temporarily missing out on quarterly revenue that it expects to recognize later in the year as the chip-equipment maker scrambles to secure the parts it needs to finish products.The Santa Clara, Calif.-based company is one of many manufacturers that are carrying additional inventory because of snags in the supply chain, including recent Covid-19 lockdowns in China, that are delaying critical components. For chip-equipment makers, customer demand is strong amid the…

SEOUL—The two-year global semiconductor shortage is threatening to spread to some of the most advanced chips needed for next-generation smartphones and the data centers that power apps.Chips with the tiniest transistors and highest performance had largely escaped the drought that has hit the auto industry and other electronics. Now, problems ranging from production hitches to a shortage of manufacturing equipment have raised concerns over the ability of the world’s two highest-end chip manufacturers to meet delivery…

Problems such as production hitches and a shortage of manufacturing equipment have raised concerns over the ability of TSMC and Samsung to meet delivery promises to customers. Problems such as production hitches and a shortage of manufacturing equipment have raised concerns over the ability of TSMC and Samsung to meet delivery promises to customers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content,…

As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think that could split the global economy into hostile camps, hurting growth and worsening inflation. Advocates think “friend-shoring,” as the trend is nicknamed, can protect access to vital raw materials and components, drawing on lessons learned during the Covid-19 pandemic that saw shortages of semiconductors and some other components threaten vital industries. But…

Baby formula will remain hard to find until at least mid-July, industry executives said, despite efforts by manufacturers, the White House and regulators to ease a monthslong shortage. Abbott Laboratories, ABT -0.80% maker of Similac, the largest baby-formula brand by sales in the U.S., resumed production Saturday at its Sturgis, Mich., plant for the first time since February. That factory had produced roughly one-fifth of the infant formula in the country, and left many…

New data suggest that the U.S. baby-formula shortage is deepening, particularly hitting states in the South and the Southwest. Nationally, 23% of powdered baby formula was out of stock in the week ended May 22, compared with 21% during the previous week, according to the latest figures from market-research firm IRI. In the first week of January and before the recall of formula produced by Abbott Laboratories , 11% of powdered baby formula was out of stock because of pandemic-related supply-chain…

HP offered an upbeat earnings outlook even as ongoing supply-chain disruptions and sanctions against Russia impact its laptop and printing business.The tech equipment company on Tuesday said demand for computers in recent months was largely fueled by sales to commercial customers. HP joined Dell Technologies Inc. and others in seeing a slowdown in lower-cost laptop sales that boomed during the pandemic, whereas businesses are still investing in computers as staff switch from remote to hybrid work arrangements. HP…

Danone SA DANOY 0.60% is to send the equivalent of about five million bottles of specialist infant formula to the U.S. as part of a broader push to alleviate shortages faced by babies with allergies.The French food giant said about half a million cans of specialized medical formula made by its Nutricia business will be flown into the U.S. in the coming weeks. Danone said the formula will come from its factory in Liverpool, England, which makes the Neocate line of amino…