Demand for semiconductors remains depressed while a recovery will take until later in the year, based on a review of the forward-looking comments from eight firms including Apple Inc. The latter’s supply chain remains in flux, with one supplier leaving India and another setting up in Vietnam. In consumer goods, we have taken a deep dive into home appliances supply chains, looking at cost and risk management strategies as well as looking ahead to challenges from environmental policy. Elsewhere, tequila demand remains robust while activewear sales have dropped and inventories exploded. ...