Semiconductor
Supply Shortage
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Supply Shortage
Price Volatility
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next few months
Electrolux hikes prices as component shortages persist
20 Jul 2021, 12:30 IST20 Jul 2021, 12:30 ISTRelevance: 85%

📊Executive Summary
Electrolux has announced a price hike due to rising costs of raw materials and worsening shortages of electronic components, particularly semiconductors. The CEO indicated that the supply situation is expected to become more constrained in the third quarter, impacting the company's ability to meet market demand. The anticipated negative impact from increased costs, including tariffs and labor inflation, has risen to 3.5 billion kronor for 2021. This situation necessitates close monitoring by procurement teams, particularly in the context of pricing trends and supply shortages in the electronics sector....
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Classification
Industries
Appliances & White Goods
Consumer Electronics
Components
Semiconductors & ICs
Passive Components
Topics
Semiconductor
Supply Shortage
Pricing Trends
Risk Categories
Supply Shortage
Price Volatility
