Daily Archives: February 25, 2021

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A number of experts have warned that the prices of PlayStation and iPhone devices may rise this year due to a shortage of semiconductors caused by a combination of factors including the booming demand for electronics, the confusion that afflicted the supply chains due to the Corona pandemic and the trade war. The lockdown measures taken due to the pandemic caused consumers to turn to computers, tablets or game consoles powered by chips. Meanwhile, the technology giant Huawei, in light of the worsening trade war between China and the United States, has stockpiled semiconductors last year, adding pressure on the amount available for supply. These market tensions jumped to the fore as the automaker sought more semiconductors, realizing that chip manufacturers were prioritizing consumer electronics. The car industry is still the most prominent victim of the chip shortage, as giant companies including Ford and Volkswagen were forced to cut production, […]