(File photo by Pattanapong Hirunard)Domestic car manufacturers are racing to obtain semiconductors as result of a global chip shortage. A crucial control centre of modern cars and electrical appliances, semiconductors are now in short supply in Thailand, intensifying competition among businesses to purchase them. The chip shortage comes as importers and exporters are likewise struggling to deal with delivery delays owing to shipping container shortages. Ms Kanit expects the chip shortage will only cause a short-term impact because chip manufacturers will eventually increase their production capacity. However, the additional problem of container shortages at major ports requires urgent solutions as it not only causes shipping delays but also increases freight rates.

Source: Bangkok Post February 22, 2021 03:45 UTC