Global chip shortage now hitting more tech players, says S&P

Global chip shortage now hitting more tech players, says S&P

The Edge Markets - World·2021-04-20 15:06

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.

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