Global chip shortages may worsen as Taiwan battles increasing COVID-19 cases

Key Taiwanese semiconductor manufacturer, and Apple supplier, King Yuan Electronics, shuts down two production sites due to a COVID infection cluster, may aggravate supply shortage.Global chip supply shortage may be exacerbated by COVID-19 outbreaksKing Yuan Electronics has confirmed that 77 employees have contracted the coronavirus at its Miaoli manufacturing site and it will shut down production. This new infection cluster has also spurred the Taiwanese government to review living conditions and test workers in Taoyuan, Hsinchu, and Miaoli. Read more...