The sudden Tech The shortage hits world trade

The sudden Tech The shortage hits world trade

Given the growing toll of the pandemic and the dramatic events in Washington, it’s easy to ignore a kink in the global supply chain that has surfaced with potentially far-reaching political consequences.

Automakers like Toyota of Japan, Volkswagen of Germany, and Ford of America struggle to secure the computer chips needed for everything from entertainment systems to opening a door. As production is reduced and factories idle, company profits are expected to suffer.

The cause is a global semiconductor shortage, as chipmakers have allocated capacity to meet Covid-induced surge in demand from consumer electronics producers like Apple. This supply chain shock exposes vulnerabilities in the global chip industry, including the concentration of high-end production in Taiwan, the democratically ruled island claimed by China.

President Donald Trump’s technological war with Beijing has hit the famous …

Read Full Story

News Highlights

  • According to the source The sudden Tech The shortage hits world trade
  • Check all news and articles from the tech news updates.
Bollyinside - US Local News & Breaking News Stories
Compare items
  • Total (0)