April 23, 2021

24X7 News Guru

The Real Time News

Why shortages of a $1 chip sparked crisis in global economy

To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver. Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc and Intel Corp going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket....

To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver. Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc and Intel Corp going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket.

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