Monday, 29 July, 2024

Chip shortages to affect PC, supplies this year, say Dell and HP

<p>Shares of Dell fell by 1% while that of HP dropped by 6% after they said their supply of PCs could be affected by the global shortage of chips. Dell said even its printer supply would be affected at least till the end of 2021. Dell reported a growth of 20% in its revenue from the client solutions group --desktops, notebooks, and tablets-- in the quarter ending April 30. HP&rsquo;s PC-related sales grew by 27% and notebook by 47%, compared to the same period during the last year.</p>