#supply-chain-disruption

#supply-chain-disruption

"The Company is working diligently to restore the affected systems," the manufacturer said in a Form 8-K filed with the US Securities and Exchange Commission yesterday. The ransomware attack "temporarily impacted the Company's operations, including internal/external communications, shipping, receiving, manufacturing production, and various other support functions," it continued. Data I/O also claims that, while it has restored some of its functions, others remain offline, with no timetable for a fix. An investigation is ongoing.

On Sept. 2, the Republic National Distributing Co. (RNDC) will complete its departure from the largest liquor market in the United States: California. The withdrawal of one of California's largest alcohol distributors is bound to affect consumers negatively. The initial impact is already being felt by liquor retailers, liquor producers, bars and restaurants. At least half of our book came from RNDC, said Alex Tarantino, the general manager and liquor buyer for the Buckeye Roadhouse in Mill Valley.

The US president has threatened to impose a tariff of up to 300 percent on imports of semiconductors. United States President Donald Trump has threatened to impose tariffs of up to 300 percent on semiconductor imports, with exemptions for foreign companies that commit to manufacturing in the US. Trump has cast the proposed tariff as a way to drive investment to the US, but experts say it could also disrupt global supply chains and even penalise companies already making chips in the US.