Global Semi Conductor Shortage
If you have a delay in the release of the iPhone 12 and are wondering why it is so difficult to find the latest consoles for the PlayStation 5, blame the global semiconductor chip shortage.
With the onset of the corona virus infection, the growing demand for mobile phones, laptops and the Internet has increased the demand for semiconductor chips. From the unavailability of consoles to delayed car deliveries, businesses around the world are facing a shortage of semiconductor microchips.
South Korean technology company Samsung Electronics, one of the world's largest manufacturers of chips and consumer electronics, has said the world is grappling with a ‘severe imbalance’ in semiconductors worldwide.
Earlier, in February, US President Joe Biden promised to address the shortfall, which forced U.S. automakers and other manufacturers to cut production and warned members of the White House and Congress.
The automobile industry has been badly affected by the shortage. The crisis has forced carmakers such as Motors Co, Ford Motor Co, Volkswagen AG, Surbaru Corp, Toyota Motor Corp and Nissan Motors to cut their products.
Data company IHS According to Markit, the shortage will affect global light vehicle production by 1.3 million units in the first quarter.
If the global shortage continues to increase, it means that you will not be able to buy popular products such as laptops, iPhone devices, PlayStation consoles and cars.
Recently, in the midst of the global crisis Samsung decided to close its factories. This may indicate that the prices of tech gadgets are going to go even higher and that it will be heavier in your pockets.
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