Global chip shortage: Taiwan promises to keep the world supplied with chips as wait times approach the ‘danger zone’ – South China Morning Post

Global chip shortage: Taiwan promises to keep the world supplied with chips as wait times approach the ‘danger zone’ – South China Morning Post

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Taiwan’s government pledged to try to keep the world supplied with chips even as Covid-19 cases escalate, while anticipating a limited impact from its worst outbreak so far.If only domestic consumption is hit, and the outbreak ends by June 30, gross domestic product growth may be cut by 0.16 percentage points, National Development Council Minister Kung Ming-hsin said at a briefing in Taipei on Tuesday. If the outbreak extends into the third quarter, the hit could be 0.53 points. But the economy…Read More

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