Ford, BMW and Honda cut production due to global chip crisis Engadget 6 hrs ago Saqib Shah
Despite the best efforts of chip makers, the production crisis sparked by a global shortage in semiconductors is getting worse. Demand has outsripped supply in the wake of a pandemic-induced buying spree that saw the public snap up everything from gaming consoles to TVs during lockdowns. As a result, many of the tech products that rely on these chips like the PS5, Xbox Series X/S and the iPhone 12 have quickly sold out, suffered delays or been prone to extended shipping times. Now, the situation is deteriorating for one of the worst hit sectors: Automotives.
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