The Chips Are Down - Global Semiconductor Shortage | FYI

Semiconductor chips enable electronic devices to process data. Millions of products, from cars and washing machines to smartphones & gaming consoles rely on these computer chips. Apple and Samsung have flagged production cuts and lost revenue. The auto industry, however, is the worst-hit. Maruti, Mahindra, Ford, BMW, Honda, Toyota, General Motors and Volkswagen have all hit a speed bump. Chip plants shut down or curbed production during pandemic. Stay-at-home orders led to a surge in consumer electronic sales and the chipmakers chose not to store chips, focussing on demand for computer & laptop chips instead. We decode the crisis, the possible solutions and what the global chip shortage means for consumers.

About Us: NDTV brings you unbiased and comprehensive coverage of news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile.

Subscribe to our channels:
NDTV: https://www.youtube.com/user/ndtv?sub_confirmation=1
NDTV India (Hindi News): https://www.youtube.com/user/ndtvindia?sub_confirmation=1

Follow us on Social Media:
Like us on Facebook: https://www.facebook.com/ndtv/
Follow us on Twitter: https://twitter.com/ndtv/
Follow us on Koo: https://www.kooapp.com/profile/ndtv
Follow us on Instagram: https://www.instagram.com/ndtv/
Join NDTV on Telegram Messenger: https://t.me/NDTVbot/?start=hi

Follow us on Google News for Breaking and Latest News Updates:
NDTV: https://bit.ly/3e5ngbP
NDTV India (Hindi News): https://bit.ly/3mNVwMY

Download NDTV Mobile Apps:
http://www.ndtv.com/page/apps

Watch More Videos:
http://www.ndtv.com/video?yt

#BreakingNews #LatestNews #TodayNews #PoliticalNews #News