News Snapshot:
When the chips are down The tech sector appears on track to be the latest casualty of the Covid-19 pandemic Omar Qureshi May 16, 2021 KARACHI: The novel coronavirus has had a calamitous impact on almost every facet of life and business. But back in March last year, few would have imagined the pandemic would thrust the technology sector into jeopardy as well. By December 2020, German auto supplier Volkswagen began issuing warnings of a projected shortage of semiconductors. The carmaker blamed pandemic uncertainties as the prime reason behind the looming chip shortage and forecasted a drop in automobile production...
