Russian Government restrictions on the exports of gasses caused by the semiconductor production may exacerbate the shortage of chips in the Global market. An Further increase prices of the chips. The restrictions could affect China’s domestic semiconductor manufacturing industries. China is the world’s largest chip consumer and also is highly dependent on imported chips.
Further, sectors that are highly reliant on imported chips may be affected significantly. Whereas the impact is noticeable on industries using chips that can be produced by Chinese. Here are some of the reasons why chip industries are worst affected.
Due to all this reason there has been a global shortage of semiconductors since the beginning of Covid pandemic. And the conflict between Ukraine and Russia aggravated the situation. Global prices of Neon and Xenon have soared due to which production has stopped. Through main countries supply the semiconductors but they are mainly consumed by the domestically. So, its time to make peace to stop all the global problems.
