KUALA LUMPUR (April 20): The heavy toll that chip shortages have inflicted on the auto industry is now broadening to other sectors, according to S&P Global Ratings.

In a report titled "Global Chip Shortage Engulfs A Growing List Of Tech Players" released today, S&P credit analyst Clifford Kurz said the chip shortage may cap the revenue growth of some PC and smartphone makers, and impede their ability to capitalise on surging consumption.