Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. GlobalData Plc
  6. News
  7. Summary
    DATA   GB00B87ZTG26

GLOBALDATA PLC

(DATA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GlobalData : Tech sector's shortage mentions rose by 74% in Q1 2021 as supply-demand gap widens, says GlobalData

06/11/2021 | 10:43am EDT
11 Jun 2021
Tech sector's shortage mentions rose by 74% in Q1 2021 as supply-demand gap widens, says GlobalData
Posted in Business Fundamentals

Several tech manufacturers, including Apple, Samsung, Sony and Acer, are facing production issues due to the ongoing component shortage. Discussions around shortage and related keywords rose quarter-on-quarter by 74% in Q1 2021 compared to Q4 2020, with around 17% of the mentions about impacts on production and capacity, according to the Filing Analytics platform by GlobalData.

Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, comments: 'The current scenario looks concerning for tech manufacturers, as mentions around new product and shipment delays rose by around 23% in Q1 2021. Additionally, 3% of the overall shortage mentions in Q1 2021 highlights that the adverse impacts are likely to last until 2022 or early 2023 due to the huge boom in demand. There is a sudden spike in semiconductor-related shortage mentions in Q1 2021 as companies remain concerned about long-lasting pandemic-led supply chain disruptions, which also seems to have been spurred on by the US Government's sanctions on China.'

The supply disruptions are also impacting other sectors. In particular, the automotive sector continues to feel the pinch of the disruptions and has faced production delays. David Leggett, Automotive Analyst at GlobalData, predicts that the shortage will last well into 2022.

Component manufacturers' filings sentiments are up by over 20% in Q2 2021*, as they look at boosting profitability via price increases, while stockpiling remains an issue in Asia. Companies procuring components seem to be concerned about escalating prices, with discussions around the same also rising multi-fold in Q1 2021.

Pereira notes: 'In the 2021 filings of the tech sector, around 33% of the sentences with shortage and related keywords were negative, while 47% were neutral. The negativity suggests that manufacturers are unable to keep up with the widening supply-demand gap.'

Governments in the US and the EU are pumping funds into domestic manufacturing facilities to reduce dependencies on components from Asia. Taiwan semiconductor manufacturers face production pressures due to COVID-19, adding to the plight of tech companies.

Pereira concludes: 'Looking on the bright side, discussions around production capacities in filings of component manufacturers were also up in Q1 2021. Companies including Intel and Taiwan Semiconductor Manufacturing Company (TSMC) have committed to capacity expansions to address the long-term demand.'

* Until 7 June 2021

Disclaimer

GlobalData plc published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 14:42:04 UTC.


ę Publicnow 2021
All news about GLOBALDATA PLC
06:43aFROM AI TO CYBERSECURITY : Popularity of key technologies help drive up total TM..
PU
06:43aGLOBALDATA : Race for technology mergers amid digitalization spree brings global..
PU
08/02GLOBALDATA : Square looks to expand into booming buy now pay later market in Asi..
PU
08/02GLOBALDATA : Job Postings In The UAE Have Increased By 148% Since July 2020 Larg..
AQ
08/02GLOBALDATA : reveals top 10 cruise influencers on Twitter in Q2 2021
PU
08/02GLOBALDATA : Development of maritime surveillance and tactical airlift capabilit..
PU
07/30GLOBALDATA : UK local authorities keen on gigabit broadband but not Internet of ..
PU
07/30GLOBALDATA : Job postings in the UAE have increased by 148% since July 2020 larg..
PU
07/30GLOBALDATA : ESG disruption will shake up oil and gas market and is an opportuni..
PU
07/30GLOBALDATA : Upcoming LBPs could be the answer for GI patients with no approved ..
PU
More news
Financials
Sales 2021 191 M 266 M 266 M
Net income 2021 28,6 M 39,8 M 39,8 M
Net Debt 2021 40,5 M 56,4 M 56,4 M
P/E ratio 2021 68,4x
Yield 2021 1,11%
Capitalization 1 929 M 2 681 M 2 684 M
EV / Sales 2021 10,3x
EV / Sales 2022 9,62x
Nbr of Employees 3 472
Free-Float 30,8%
Chart GLOBALDATA PLC
Duration : Period :
GlobalData Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLOBALDATA PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 1 635,00 GBX
Average target price 1 586,25 GBX
Spread / Average Target -2,98%
EPS Revisions
Managers and Directors
Michael Thomas Danson Chief Executive Officer & Director
Graham Charles Lilley Chief Financial Officer, Secretary & Director
Murray Legg Independent Non-Executive Chairman
Peter Martin Harkness Independent Non-Executive Director
Catherine Birkett Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GLOBALDATA PLC19.78%2 681
S&P GLOBAL INC.32.10%104 602
RELX PLC18.05%56 692
THOMSON REUTERS CORPORATION26.90%52 466
MSCI INC.36.82%50 366
EQUIFAX INC.34.04%31 494