Supply and demand: A closer look at the global chip shortage

Updated: Jul 9, 2021

How the pandemic has impacted the semiconductor supply chain and why it’s affecting our everyday lives

If you have recently looked to purchase an updated phone model or the latest gaming system, you’ve likely encountered empty shelves or lengthy backorders. The same situation has applied to refrigerators, washers and dryers, dishwashers, and other common household appliances. If you have been looking for a new car, you could end up paying thousands more than the sticker price too.

What is causing this drought? A global chip shortage.

Semiconductor Chips

Semiconductor chip balancing on on corner against white background</