- Due to the chip, the delivery of cars stopped from the speed of the gadget.
- The pace of improvement in the world economy has slowed down due to a small chip.
The pace of improvement in the world economy has been slowed by a small chip, hit by the Corona epidemic. Actually, there is a huge shortage of computer chip semiconductor in the world market. Starting at a price as low as 75 rupees a dollar, the shortage of this chip is affecting the auto and electronics gadget industry. The decrease in semiconductors began with the rise of Corona last year. Due to the sharp drop in sales, automobile and gadget manufacturers placed very few orders at China and Taiwan factories manufacturing computer chips. After this, there has been a worldwide reduction of semiconductor due to the surge in demand. Let me tell you, in February 2021, semiconductor sales of $ 39.5 billion were sold worldwide. However, China is also facing hoarding charges.
Car companies halt production –
Hyundai Motor Company has to shut down its production for a week due to lack of semiconductor. At the same time, production of Kiya, another famous car company, has come down drastically. Hyundai Motor Company has announced that the company’s Ulsan plant will be closed from 7 to 14 April due to lack of semiconductor supply. Earlier, Ford also halted production for a week.
