News Snapshot:
The world’s largest smartphone maker is seeing a ‘serious imbalance’ in global semiconductors The warning suggests shortages may spread beyond cars The world’s largest smartphone maker is seeing a ‘serious imbalance’ in global semiconductors, suggesting that shortages may spread beyond cars. Samsung Electronics Co warned it is grappling with the fallout from a “serious imbalance” in semiconductors globally, becoming the largest tech giant to voice concerns about chip shortages spreading beyond the automaking industry. Samsung, one of the world’s largest makers of chips and consumer electronics, expects the crunch to pose a problem to its business next quarter, co-chief executive...