Why Is There A Chip Shortage?

The technology industry is at crunch point.

The technology nowadays such as cars, smartphones, computers, washing machines and more are relying on computer chips that also known as semiconductors.

It has become almost impossible to buy a PS5 games console. Toyota, Ford and Volvo also have had to either slow nor temporarily halt production at their factories. Smartphone makers are feeling the pinch too, with Apple warning that the shortage could affect iPhone sales.

Credit to: https://bbc.in/3F8i9ng