A pandemic-induced worldwide chip shortage is continuing to hit iPhone 12 production, despite Apple’s advantages in negotiating priority with many of its suppliers. So far, the company has been affected by shortages of both power management chips and LiDAR components – and there are fears that the situation could get a lot worse.
The automotive industry has been particularly badly hit, with lack of semiconductors resulting in an estimated $61B in lost sales. Experts now fear that the impact on the consumer electronics sector could be even greater …
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