How is the impact produced, what does it consist of?
A large number of manufacturers around the world have problems sourcing semiconductors. This leads to production delays and the lack of equipment leads to the threat of rising prices paid by consumers.
It was not only because of Covid19 that this situation was reached.
Although the pandemic led the world economy to a recession during 2020, affecting both consumer habits and production and distribution chains. Coming to affect the supply of raw materials to microchip manufacturers.
In addition, the sanctions that Chinese technology companies received by the US government have contributed and together with strong storms last winter in Texas that caused the breakage of power lines, thus affecting manufacturers contributed to increase the shortage of these products. . Paradoxically, the most demanded chips in some industries are not the most complex, thus affecting industries such as automobiles and home appliances. However, the shortage of chips also affected technology companies such as manufacturers of communications equipment or the computer industry and even some credit card manufacturers. According to analysts’ forecasts, the shortage could last until the middle of the next 2022 or more in some types of products. Another effect that this pandemic and recession has caused in the industry is the lack of containers, necessary for the transport of merchandise by sea, and also due to the lack of distribution of steel and the closure of factories, it has not been possible to supply the shipping market of such containers, so in the face of this problem the value of maritime freight has risen significantly.