The shortage of microcircuits has affected various industries around the world. However, despite the shortage, the value of shares in chip makers during this time reached record levels.
Analysts expect the chip shortage to continue through at least the end of this year. The main cause is the coronavirus pandemic. A prime example of an industry struggling with the current chip shortage is the auto industry, with automakers struggling to keep production going.
According to Maribel Lopez, chief analyst at Lopez Research, the semiconductor industry is currently facing a “perfect storm” of supply and demand that is unlikely to be resolved anytime soon. The analyst also believes that a serious economic crisis may occur in the world.
One of the things that is happening right now is that almost every new product you buy contains a chip. Today it is getting harder and harder to buy a stupid device.
Maribel Lopez
Demand for mobile single-chip systems for smartphones increased in the past year, with no surge in the PC market. Recently, the semiconductor industry has been working on supplying products for new industries, so the manufacturing process has become more complex.
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