Why the global chip shortage is a good sign for the world economy

//Why the global chip shortage is a good sign for the world economy

Why the global chip shortage is a good sign for the world economy

They may seem like small fry but they make our world go around. Whether in Tesla cars, toasters or tumble dryers, computer chips are so integral to our daily lives that, without them, our world would grind to a halt. So it’s a worry as the world gears up for a faster recovery that global demand for semiconductor chips is outstripping supply. It could be symptomatic of a more widespread global supply-side shortage of key production goods, which might lead to increased prices and higher…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-05-10T06:30:13+00:00 May 10th, 2021|Business|Comments Off on Why the global chip shortage is a good sign for the world economy