Logitech CEO expects semiconductor shortage to continue in 2022


FILE PHOTO: Logitech speaker is placed on the laptop in the computer shop in Zenica, Bosnia and Herzegovina October 20, 2020. REUTERS/Dado Ruvic/File Photo

ZURICH (Reuters) - Logitech International expects the global shortage of semiconductor chips to continue throughout 2022, Chief Executive Bracken Darrell told Reuters on Tuesday.

"I think it is going to be around a while," Darrell said. "I don't think it (the shortage) will be as severe by the time we get to the end of this calendar year, but it's here."

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
US agency to vote to restore net neutrality rules
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show
Most global tech leaders see their companies unprepared for AI

Others Also Read