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Updates on Electronic Component Supply Shortage: What To Expect

The shortage of electronic components is escalating like a snowball rolling down a mountain, threatening to become an avalanche. What started as an issue for the automobile industry has now spread out to many other markets that require electronic components. Computers, cell phones, and many other devices have all been jeopardized by this shortage.

Many initially hoped that this shortage would pass quickly, but several issues have converged, making the situation worse. The global pandemic introduced new problems into the supply chain and exacerbated the pre-existing. The important thing now is to focus on repairing the damage to move forward. Here are some updates on the electronic component supply shortage and what to expect next.