What is behind the dearth of microchips and what will be its long-term effects?


Source: readsector.com readsector.com

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What is behind the dearth of microchips and what will be its long-term effects? April 10, 2021 by Read Sector The world is suffering from a significant shortage of semiconductors, the chips used in almost every technology nowadays, from laptops to televisions and video games consoles. Major automotive giants have had to scale back production, while Samsung has cancelled its Galaxy Note 21 model, and Apple supplier Foxconn warns that parts will be delayed until next year. New analysis from investment firm PIMCO suggests that while the shortage will be somewhat alleviated soon, demand for semiconductors will continue to grow...