How Chip Shortage Impacts the Future of the Semiconductor Market?
Industries and economies have suffered for over two years due to the lack of semiconductor chips. Chips are everywhere and essential to society's smooth operation. The supply-demand problem has triggered a global snowstorm with automobile, healthcare, computing, and industrial end users. Despite the challenges brought on by the scarcity, there is still space for expansion in the global semiconductor chip business. With the continuously rising demand for chips, the need for semiconductor handling equipment such as wafer handling robots, wafer pre-aligners, and wafer front-end solutions also rises. The sections below will look more closely at how the chip shortage affects firms worldwide. Causes of Chip Shortage Although there had been rumors of chip scarcity for some time, the Covid-19 epidemic was the primary driver. Two subsequent fires in Japanese semiconductor factories made the problem more complicated, one in October 2019 and the other in March 2021. China had the f