Global chip shortage hits China’s home appliance industry

Countries across the world are suffering from a global chip shortage which affected many firms in the world.

According to the reports, this global chip shortage finally hits China’s home appliance industry. Chinese company “Midea Group” stated that, Chinese home appliance sector is now also suffering from a global shortage. The firm added that the supply of chips is “under pressure in the home appliances industry.”

The firm further said that,

“The prices of chips used in these home appliances are usually less sophisticated and advanced in comparison to the ones used in PCs and smartphones, but the prices of these chips may rise due to worldwide shortage.”

Also, the American tech giant Apple’s iPad and MacBook production delayed due to the global components shortage.

As per reports, there were many key components which is required by Apple this chip shortage has now been affecting an important part of the MacBook production process. As per source concerns to this matter, the production of iPads has also been postponed due to the shortage of displays and display components.

Experts also believe that these postponements are a sign that the chip shortage issue is mounting more dangerously and could impact smaller tech firms as well. Apple is one of the major tech giants in the world and boasts a vast and complex supply chain.

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