Following a recent report from analytics company GlobalData, it looks as though the cross-continental chip shortage issue won’t be resolved any time soon.
2020 was the first year that a notable rise in demand for semiconductor chips overtook supply, and with that came a downfall for the component that helps to create computers, cars, DJ gear, and more – threatening almost 200 industries.
Several factors were at play in this shortage; while some pin it to China and USA’s trade…