Why the semiconductor shortage hitting cars and smartphones won’t be the last

Source: South China Morning PostThe semiconductor shortage that first hit global carmakers, and has since spilled over to consumer electronics, has no doubt triggered frantic behind-the-scenes debates about the need for back-up plans.The supply chain shock came about after carmakers underestimated the rebound in demand amid the coronavirus pandemic. It was compounded by the fact that wafer foundries making the chips were fully booked and couldn’t ramp up production fast enough given the long lead times required to add wafer…Read More

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