Effects of the ‘Chipageddon’
The global chip shortage which has also been termed as the ‘ Chipageddon ’ (this should be the name of the next chipmunks movie :P) , has been so evident and ubiquitous, that if someone doesn’t know about it, they probably have been living under a rock . The global chip shortage is an ongoing crisis that is due to an amalgamation of different events in the last few years, among which the COVID-19 pandemic has been the primary reason for the shortage. In a recent visit to a local automated door manufacturer, I became aware of the drastic operational changes the global chip shortage had on their operations. Even though I knew about how the global chip shortage has affected the tech industry and automobile industry, I never considered its effects on other industries. After all, they didn’t seem to be as related, or rather as dependent on integrated chips. In hindsight, this feels like a naïve presumption because a lack of supply of chips would affect a lot of things in today’s connec...