Auto industry grappling with semiconductor shortage

Imagine you are waiting to buy your favourite car or gaming console. But you are disappointed as the dealer tells you that the wait for fresh stock just got longer.

In many cases, the blame needs to be pinned on the shortage of semiconductors. A worldwide shortage of semiconductor chips used in cars and consumer electronics has led to supply chain disruption.

The Covid-19 pandemic led to an increased demand for consumer electronics because many began to work from home and on the automotive side people preferred their own transport as opposed to using public transport due to fear of getting infected.

Now, what do semiconductors have to do with cars? A lot really.