Did you know semiconductors are the world’s fourth most-traded product, trailing only crude oil, motor vehicle parts and refined oil. As semiconductor demand soars and the most significant shortage of our lifetime unfolds, the biggest question in boardrooms worldwide is when will this end?
The circumstances of an economic collapse have been building as the economy’s outlook remains uncertain. In 2020 overall demand plummet as the Covid-19 pandemic kept everyone in hibernation. Many businesses had mass-layoffs, and others were forced to close.
The pandemic has challenged every known business process in our industry and has issued a universal challenge to supply chains globally: evolve or suffer the consequences.
EPSNews recognizes NewPower Worldwide as a global leader in 2018 with a #1 ranking by sales growth in this year’s EPSNews 2019 Top Global Distributors Report.