HP's Worst Shortages in Laptop Screen Components: CEO
HP has seen an “evolution” in recent months in the types of component shortages that are hampering the vendor from fulfilling all its notebook PC demand, CEO Enrique Lores told a Bernstein virtual investor conference Thursday. “Two quarters ago, we…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
were talking mostly about processors” in short supply, plus LCD display panels for laptops, he said. “The situation on processors has significantly improved and now we see the biggest shortages in panels, not driven by the glass, but driven by the components that panels use.” Shortages also persist “in what we call low-cost components,” he said. Those can include Wi-Fi controllers, card adds, bus controllers -- “almost any other component that is necessary to build a PC,” he said. “This is where we expect to see the highest pressures on cost.” HP expects it will be passing along the inflationary costs in the “medium term,” said Lores. But in the short term, “some contracts we can reprice, some other contracts we cannot,” he said.