Monday, April 12, 2021 9:28:19 AM
From ZeroHedge
One-Year Delay On Network Router Orders As Chip Shortages Worsens
Tyler Durden's Photo
BY TYLER DURDEN
MONDAY, APR 12, 2021 - 04:15 AM
Initially centered in the auto industry, the semiconductor shortage has now spread to a range of other consumer electronics, including computers, smartphones, tablets, headphones, and appliances. The latest news is that internet routers could become the next victim of chip shortages disrupting global supply chains and may pose a problem for households and businesses who need an internet connection to survive in today's digital economy.
Sources told Bloomberg that internet service providers report delays of up to one year for network routers due to chip shortages. This is doubled previous wait times, the source added.
In today's hybrid work environment, internet routers are among the most critical devices to keep businesses and employees connected. If a router shortage develops, it will prevent an internet service provider from adding new customers to its network. Nevertheless, existing customers wouldn't have their routers serviced upon malfunction or upgraded if they need more speed.
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