Bottlenecks, supply problems improving at ABB robotics division – board member
Published On :
MUNICH (Reuters) – Bottlenecks in the supply of semiconductors and other components for ABB’s robotics division are improving, the board member responsible for the unit said late on Monday.
“It’s getting better right now, but it’s not over yet,” Sami Atiya, head of ABB’s robotics division, told reporters in Munich. “It will take a few quarters,” he added.
He said despite tough economic conditions in Europe, the division had not yet seen order cancellations.
(Reporting by Alexander Huebner, editing by Rachel More)
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.