Semiconductor squeeze forces ABB to shrink sales outlook

Capt. John

ABB expects the supply chain crunch to continue into next year, the Swiss engineering group said on Thursday, as a shortage of semiconductors made it cut its 2021 sales outlook, sending its shares down 6%. The maker of industrial robots and drives is the latest company to warn about shortages...

https://www.hellenicshippingnews.com/semiconductor-squeeze-forces-abb-to-shrink-sales-outlook/

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