Supply chain crisis affects many industries, some catastrophically #makerbusiness
The chip shortage and adjacent supply chain issues are affecting all kinds of companies in unexpected ways. We hear lots of stories about car companies and other large manufacturers but these big businesses have leverage. A recent article in Synthtopia outlined all the ways these shortages are not just hurting, but killing businesses.
Boutique synth maker Future Retro – creator of the FR 777, Orb and other synths – has announced that it has shut down, saying “Due to the current state of the world and global parts shortages, we are forced to close our doors.”
The article outlines three causes, which are not surprising: US tax policy, COVID-19, and increased demand.
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