Smartphones Could Be Next in Global Chip Shortage
According to industry experts, the global chip shortage that has hit the automotive sector so hard could spread into 2022 and affect smartphone manufacturing next. The underlying effect could be a lower supply for a wider variety of appliances and industrial equipment. Q2 2021 hedge fund letters, conferences and more Smartphone Chips to Be ScarceIris Pang, ING Greater China chief economist, told Reuters that the car manufacturing industry could see an improvement in chips’ supply, “with China taking up some production demand that Taiwan could not meet.” Semiconductor companies in Taiwan have i...