UK’s Computacenter observes chip shortage
UK’s IT reseller Computacenter warns that they anticipate the supply crunches to last until 2022 as the company encounters a global shortage of electronic components, including computer chips.
Computacenter’s CEO, Mike Norris said that in the US business, the mid-market clients who significantly minimized the spending during the first half of 2020 returned during the period and got linked with the growing success in hyperscale data center based clients, brought in decent comprehensive revenue and profit performance.
He further said that the shortage of technology sourcing products impacted their business in the first half and they anticipate the shortage will be there at least till the end of the year.
Since the coronavirus pandemic started, several IT industries have been struggling with supply chain problems while boosting their demand.
Addressing the shortage of electronic components, the CEO of Arista Networks stated that the shortage was the worst he has seen.
Arista Networks is a cloud networking company.
British IT strategy solutions and tech infrastructure provider, Computacenter stated that its adjusted pretax profit increased to $163.74 million in the first half from 74.6 million pounds a year earlier on strength in the UK, Germany, and the U.S markets
For more Technology News, subscribe to our newsletter and get the latest updates from the various tech industries.