Robots in a factory in South Korea

Photo: Gartner Network

South Korea: Shortage Of Semiconductor Chips 'Disrupts' Supply Chain

Factory activities grew at its lowest pase since 13 months, due to a shortage in semiconductor chips, which caused a supply chain disruption. According to reports, a sharp rise in raw material costs, and a severe shortage from the manufacturers of silicon chips, resulted in further rise in cost for South Korean manufacturers. Moreover, factories in the country planned to reduce their staffing, in order to protect their company's margin. 

Mon, 01 Nov 2021 - 11:02 AM / by SAM RAHUL RAJA…

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