Compaq Computer Corp.'s head of worldwide sales says the parts shortage that has been plaguing the personal computer industry will continue to affect the company for the rest of the year.

Hardware 4 Less couldn’t be reached for comment. The parts seized included memory boards and hard drives, as well as fake Compaq labels, packing materials, warranty booklets and software licenses.

The computer industry is blessed with strong demand but plagued by its worst component shortage ever, Compaq Computer Corp. chief executive Michael Capellas said Friday. He said parts to make ...