As the entire world begins to breathe a mild sigh of relief due to worldwide COVID vaccinations, global markets are still reeling from the repercussions of more than a year of remote work. With more time spent at home, consumers stocked up on laptops, home appliances, smartphones and gaming consoles. In fact, people also ended up buying more cars than industry officials expected. The unprecedented demand for these products and reduced output has led to a worldwide shortage of one common component: Semiconductors. Also known as Micro Chips!
As the entire world begins to breathe a mild sigh of relief due to worldwide COVID vaccinations, global markets are still reeling from the repercussions of more than a year of remote work. With more time spent at home, consumers stocked up on laptops, home appliances, smartphones and gaming consoles. In fact, people also ended up buying more cars than industry officials expected. The unprecedented demand for these products and reduced output has led to a worldwide shortage of one common component: Semiconductors. Also known as Micro Chips!
