CHIPS AWAY: SEMICONDUCTOR SHORTAGE WREAKING HAVOC IN TECH

As Samsung Electronics warns that it’s grappling with the fallout of a “serious imbalance” in semiconductors, the technology world could be about to enter its own ‘lockdown’. From the PlayStation 5 to the new Tesla Model S, virtually every device maker could be forced to temporarily halt production, caught off guard and causing delays to 2021 product pipelines.

THE GREAT 2021 CHIP SHORTAGE

Though Samsung might be one of the world’s largest makers of chips and consumer electronics, the company was the latest to voice concerns in its latest business quarter update, where co-Chief Executive Officer Koh Dong-jin revealed that the company was even . Some of the biggest players in semiconductors, including Continental AG and Renesas Electronics Corp, have recently warned of longer-than-usual delays due to growing demand for electronics in the midst of the COVID-19 pandemic. As consumers spend more time indoors, more are .