The global telecom supply chain is strained. The impacts and implications are limiting what would otherwise be a period of growth, expansion, and investment.
This summer, the industry saw the widely reported views of Ciena President and CEO Gary Smith. In reporting on second quarter (Q2) revenue results, Smith pointed directly to component supply and availability. Despite posting 14% revenue growth, backlogs and shortages in semiconductors and integrated circuits are impacting business far beyond — upstream and down — the global networking systems, services, and software giant.