New COVID-19 outbreaks in Asia could exacerbate the global chip shortage
Taiwan, which is a significant hub for chip manufacturing, is currently experiencing a surge of COVID-19 cases. On Saturday, Taiwan’s Central Epidemic Command Center announced that there were 251 new confirmed cases of COVID-19 and 26 deaths. On Friday, the agency reported 287 new cases and 24 deaths. And cases have been on the rise since early May. “Starting on May 10, COVID-19 infections jumped from one to three-digit figures within a matter of days,” South China Morning Post reported.
The outbreak is having a big effect on at least one major chip…