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Global chip shortage: automakers to sex toys now feeling the pinch

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A global chip shortage has affected almost every kind of business from automakers to sex toy makers. The shortage came about late last year when automakers thought demand would dwindle due to the Covid-19 pandemic. But, they were wrong. And, other manufacturers took note of the automakers’ large semiconductor orders and decided to ramp up their own. Home appliances, servers, sex toys and heavy equipment makers are dealing with the fallout over the shortage of chips, with companies that don’t usually use chips as their core business feeling the effects. The rise in demand in conjunction with the decrease in […]

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