Global Chip Shortage May Extend to 2023, Says Reports

By Logan Wamsley

In a recent announcement, auto manufacturer Toyota stated that they will now cut worldwide vehicle production by 40% in September. This will reduce their output to 540,000 vehicles, down from their planned output of 900,000. As a result, Toyota shares fell 4.4%, the largest daily drop the company has seen since December 2018. Other manufacturers…

The Number of Counterfeit Chips Rises in Shortages

By Logan Wamsley

Crisis, for someone, always breeds opportunity — although sometimes that opportunity is not what society considers ethical. One example that typically arises in global chip shortages is the radically increased numbers of counterfeit chips that find their way into designs ranging from basic consumer tech to highly specialized equipment such as healthcare devices and military…