Chip shortages get worse; global response needed
4/5/2021
The struggling semiconductor supply chain is still making trouble for automotive manufacturers, consumer electronics companies and telecommunications systems vendors, raising prices for chips and wafers, and leading to calls for greater worldwide cooperation to resolve the dire situation, this analysis notes. "The ban of the US government has restricted China's semiconductor production expansion and resulted in insufficient chip supply globally, seriously disturbing growth of the semiconductor industry," says Zhang Xiaorong, director of the Cutting-Edge Technology Research Institute.