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Small businesses squeezed by chip shortage, worry tech giants will be supplied first May 31, 2021 by (CP) Tara Deschamps
(CP) TORONTO – Canada’s technology sector is worried small businesses will take longer than foreign giants to rebound from a global shortage of semiconductor chips – and say consumers might pay the price.
With most of the world’s chips made outside of Canada and brands as big as Nintendo, Samsung and Apple vying for them, they fear larger players will get access to supply first and their consumers will end up with higher prices and long wait times.
“(Manufacturers) want to satisfy their biggest customers, but for the little guy like me, I’m getting hit. I’ll lose half my revenues this year,” said Filip Ivanovski, the founder of Gametime Technologies Inc., a Quebec company that makes portable scoreboards and has been out of chips for months.
TORONTO Canada’s technology sector is worried small businesses will take longer than foreign giants to rebound from a global shortage of semiconductor chips and say consumers might pay the price. With most of the world’s chips made outside of Canada and brands as big as Nintendo, Samsung and Apple vying for them, they […]
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