Global semiconductor shortage: What does it mean for the tech sector and beyond?

Post-pandemic outlook could improve chip sector

Over the past few months a lack of semiconductor supply has caused problems for companies ranging from car manufacturers to consumer electronics companies.

Volvo and Jaguar Land Rover warned they have had to suspend production until supply issues are resolved, while tech companies including Apple have also felt the impact. The reason for this shortage is primarily - but not only - the coronavirus pandemic. Global lockdowns, the shuttering of factories, cancellation of orders and restrictions on transportation hampered semiconductor production and shipping in 2020. At the same time, demand ramped up as consumers stuck at home turned to devices more to see them through. Now, as vaccines are rolled out and economies reopen, demand for bi...