News & Reviews:   global chip shortage

South Korean tech giant Samsung may be slowing down its smartphones' production this year by a significant margin due to several unavoidable reasons. In fact, according to a report by South Korean news portal MK, Samsung will be cutting production across all of its various smartphone lineup by 30 million units!

As you may know, the pandemic has far-reaching circumstances outside of health-related ones. It has made things hard for many companies, with most facing shortages in terms of processors. Laptops are greatly affected by this, and the shortage isn't ending soon.

Earlier this month, it was reported that the chip shortage is likely to increase the price of upcoming smartphones. It appears that not only the smartphone industry is affected by it, other sectors including automobile, gaming console, laptop, and more are also facing the same problem. According to a new report, the shortage is expected to continue through 2022.