Recent COVID-19 outbreaks in Asia could contribute to the delay in the global chip shortage
A recent wave of Covid-19 in Asia is creating new bottlenecks in the global supply chain, threatening to push up prices and weigh on the post-pandemic recovery.
An outbreak at one of the world’s busiest ports in southern China has led to global shipping delays, while infections at key points in the semiconductor supply chain in Taiwan and Malaysia are worsening a global chip shortage that has hindered production in the auto and technology industries.
These setbacks add to inflation concerns, after China and the U.S. this week recorded their biggest annual jumps in factory-gate prices and consumer prices, respectively, in more than a decade. If such problems continue—and get worse—they could weigh on global growth.
What Should You Do?
If you are planning to order a PC in the coming months, do sooner than later. While lead times are longer now, they are expected to worsen in the near future. If you have any questions or need assistance in purchasing, contact a member of the BMT team.
