Global Chip shortage to Hurt Computer Firms During Festive SeasonT

The global chip shortage continues to affect various industries, particularly during the festive season in 2024. Companies producing electronic goods such as laptops, smartphones, gaming consoles, and automobiles are likely to face production delays and inventory shortages. This is especially concerning as demand for these products typically spikes during the holiday season.

For computer firms, the shortage of semiconductors is expected to lead to limited availability of products, longer delivery times, and possibly higher prices. The root causes include disruptions in global supply chains, especially with raw materials from key manufacturing regions, such as China, where port congestion is delaying shipments. As a result, both production and distribution of finished electronics are strained​

Retailers and manufacturers have expressed concerns about meeting the high demand, which could lead to increased prices and fewer discounts on electronics, as production capacities remain constrained