Industry executives warn of severe chip shortages to make phones and game consoles, amid excessive stockpiling of chips by companies like Huawei and Apple
- The dearth of supply is deepening as Apple, China hoard chips — Worsening crunch could impact sectors well beyond automaking
“Industry executives also blame excessive stockpiling, which began over the summer when Huawei Technologies Co. — a major smartphone and networking gear maker — began hoarding components to ensure its survival from crippling U.S. sanctions.” Great job Pottinger! https://twitter.c…
Latest: chip shortages is severe and everyone is rushing to secure inventories. Even governments are jumping in. With that, tough period ahead for game consoles becuase they are one of weakest in terms of purchasing power. https://www.bloomberg.com/...
Chip Shortage Spirals Beyond Cars to Phones and Consoles The game HW industry is bracing for supply to get worse before it gets better in 2021, potentially even affecting the next holiday season, people familiar with the matter say > https://bloombergquint.com/... #PS5 #XboxSerie…