The Big Chip Crisis and Why it Hits Everybody

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A global shortage of semiconductors is hurting businesses all over the world. The deficit drives up consumer prices and it is far from over.

  • Car companies, producers of consumer electronics and many others are suffering from a lack of semiconductors. Production in the industrial world is hampered and goods are missing in the stores.
  • The shortage originates from a combination of rising demand and broken supply chains. Having neglected the problem for years global companies were fully hit by the pandemic’s economic fallout.
  • The chip crisis has already reached the political level. By driving up prices and limiting production recovery plans for the time after Covid-19 are being thwarted.
  • The debate about how to organize future supply chains is in full swing. Semiconductor production is being brought back to Europe and new manufacturers are stepping in.
  • In this reading we examine one of the main economic problems of the upcoming months and years: the shortage of a basic industrial component and its effect on global customers.
Articles from 3 publishers

3 articles on this topic


Chip crisis pushes European car sales to new low

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Why is there a chip shortage?

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