TECH REPUBLIC – Industry experts are projecting that the global microchip shortage – which has been hampering supply chains in several industries – will not improve before 2023. Last year, experts projected that there would be some relief in the second half of 2022.
The semiconductor shortage first hit the automotive industry during the COVID-19 pandemic in 2020, when overall consumer demand for cars declined during the lockdown. This had a cascading effect that led to “labor shortages, lack of raw materials, trade tensions and the growth of 5G electronics, which require more chips than previous generations of devices,’’ according to an article in the MIT Sloan School of Management.
As senior vice president at Cookerly, Mike Rieman specializes in building and maintaining relationships with the media and has an excellent track record of landing significant placements in print and broadcast media including USA Today, Wall Street Journal, Bloomberg and Money Magazine.
As design director at Cookerly, Tim serves as the creative lead in the development of branding campaigns, print collateral and digital media for clients across a broad range of industries, including consumer, professional services, healthcare and technology.
As vice president of Cookerly, Sheryl Sellaway uses her extensive corporate communications background to lead consumer PR efforts, deliver strategy for marketing programs and share expertise about community initiatives.