Friday, 24 March, 2023

Shortage of Semiconductors Will Persist: MD of Hitachi Energy India, N Venu

<p>With a healthy order backlog of Rs. 7009 crore, Hitachi Energy India has income visibility for the upcoming quarters. But it is still struggling with global market instability, commodity and semiconductor shortages, and rising freight costs. N Venu, Managing Director, stated that they are taking actions on the shortage of semicondutor. adding&nbsp;although supply of Semiconductor is increasing, it would still be at least a few more quarters before things return to normal.</p>