Certainly, the biggest news story of the year has been the dramatic and horrific invasion of Ukraine by Russia. This invasion was undertaken for illegitimate reasons and has resulted in an almost unbearable amount of pain for Ukrainian soldiers and citizens. The dismal news coming out of the region has forced countries, alliances, and even businesses to reassess their relationship with the clear aggressor in the war, Russia. Now, this reckoning has come to the Tech industry as well.
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Fragile Supply Chain Takes A Direct Hit From the Russian Invasion of Ukraine
An analysis of our still-fragile supply chain by various experts in the field concludes that the Russian invasion of Ukraine will impact the global supply chain in many damaging ways. We are likely to face more shipment delays and cost increases for both the immediate future, and for a period of time that will extend until well after the invasion concludes.