Lack of Chips: Asia “Moving” the Global Economy
The global shortage of semiconductor chips has hugely impacted the world’s economy and there are raising concerns that the crisis will not have been ending up in 2022, Alpho reports. The prices of chips are expected to rise next year, which in turn, bumps the price of the electronic devices they power. In fact, prices of semiconductors have been escalating since the last quarter of 2020.