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robotics/news//Reuters
Bottlenecks in the supply of semiconductors and other components for ABB's robotics division are improving.
ABB's robotics division is experiencing improved semiconductor and component supply chain conditions.
KEY POINTS
Sami Atiya expects supply bottlenecks to persist for a few more quarters.
Despite Europe's economic challenges, ABB's robotics division has not reported any order cancellations.
ABB publicly acknowledged ongoing supply issues but confirmed a gradual resolution is underway.
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Head of ABB Robotics and Discrete Automation business Sami Atiya poses next to robots in Zurich, Switzerland February 22, 2021. ABB/Oliver Baer/Handout via REUTERS /File Photo
MUNICH, Sept 13 (Reuters) - Bottlenecks in the supply of semiconductors and other components for ABB (ABBN.S)'s robotics division are improving, the board member responsible for the unit said late on Monday.
"It's getting better right now, but it's not over yet," Sami Atiya, head of ABB's robotics division, told reporters in Munich. "It will take a few quarters," he added.
He said despite tough economic conditions in Europe, the division had not yet seen order cancellations.
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Reporting by Alexander Huebner, editing by Rachel More
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