What you need to know about the global chip shortage
This article courtesy of Washington Post, original source – https://www.washingtonpost.com/technology/2021/03/01/computer-chip-shortage-explainer-qa/
The pandemic has wreaked havoc on supply chains and thrown off economic forecasts, setting up a shortage of computer chips that is pushing up prices for a host of products and forcing car companies to cut production.
Computer chips are everywhere. There are dozens in every car, helping regulate engine temperatures and stabilize suspension systems. They manage water treatment plants, power lines and Internet cables. Almost any product that plugs into a wall now carries a tiny computer inside. The modern world runs on them. Read more