What the Global Chip Shortage Means for Manufacturers & Distributors

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Why is There a Global Chip Shortage? The global chip shortage, which has moved from a concern to a crisis, was not on most companies’ radars before it hit. Different sources suggest the shortage was due to a combination of unexpected factors, including the COVID-19 pandemic lockdowns, which increased demand for consumer electronics (and put a major kink in major supply chains); the trade war with China, which reduced the…

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