Microchip Semiconductor Supplier, Why Is There A Short For Microchips Today?
The problem of shortage of Microchips started in 2020 when due to Global Pandemic, there was less supply of microchips as compared to its demand. Microchips or Integrated Circuits (IC) are essential parts of all digital products. They make these devices faster and cost less too. That’s why its shortage has affected several industries all around the world. Here are the 3 reasons behind this shortage of Microchips. Microchip Semiconductor Supplier 1. Rising needs of the Global Automobile Sector When Global Pandemic hit the world in 2020, these manufacturers predicted a decline in the sales of automobiles and canceled their orders for semiconductors. However, now they are facing a rising need for circuit boards for computerized panels, and security systems but not enough semiconductors to keep up the production. 2. On-Demand Semiconductor Production is not possible The Semiconductor Factories cost billions to set up along with managing the staff. Also, manufacturers