New Covid wave in Asia to worsen global chip shortage: Report

A fresh wave of Covid-19 in Asia where vaccination is still in early stages can further worsen the global chip supply chain, the media reported.

According to the Wall Street Journal, China, Taiwan and many other parts of Asia kept the pandemic in check better than the US and Europe.

“Immunisation efforts in Asia, meanwhile, have lagged behind and authorities have largely kept in place tougher border controls to keep the virus out. Still, Covid-19 has spread,” the report said on Saturday.