How a perfect storm created the global chip shortage

Countries and companies seek ways to avoid devastating replay

20210601 Chip generic Caixin RC1F67E8BE60

The chip shortage is on the radar screens of global leaders, elevating concerns about the risks of foreign supplies. © Reuters

QU HUI, HE SHUJING, ZHAI SHAOHUI, LIU YUKUN and HAN WEI, Caixin

A chip shortage that has squeezed global automakers since late last year offered a snapshot of how the COVID-19 pandemic and geopolitical uncertainties have distorted supply chains in the highly globalized semiconductor industry.

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