Companies Face Increased Cost Burdens From Chipflation and Middle East Wars… Beginning to Tighten Their Belts

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Companies tighten their belts as cost burdens increase due to chip inflation and the Middle East war. With raw material purchases rising last year, semiconductor prices, fuel costs, and logistics expenses are all increasing. Samsung executives are flying economy class. The burden of raw materials on the electronics industry is growing due to global inflation and worsening global supply chain risks. Here