Concerns over disruption in supply of semiconductor chips across the world including India

Mumbai: The widespread devastation caused by the earthquake in Taiwan has affected many businesses, but the supply of semiconductor chips to Taiwan, the largest manufacturing country, is likely to be disrupted, making mobile phones more expensive in the coming days. Chips are also used in cars.

The production units of many chip manufacturing companies in Taiwan are currently closed. According to reports received, some companies are also being forced to shift their units to safer places.

The price of chips is also likely to increase in the global market due to supply disruption. Most of the chips used in smartphones and AI-running supercomputers are sourced from Taiwan.

Semiconductor chips are made of silicon and are used for data processing. Therefore, smartphones and smart cars cannot be imagined without it.

Any reduction in the production of chips has a direct impact on the production of mobile phones and cars, which the world has experienced during the Corona period.

Semiconductor chips are core parts of mobile phones and computers without which they cannot function. India, which is facing shortage of chips, has started efforts to increase the production of chips in the country for some time.

According to an estimate, India’s chips market is likely to reach $60 billion in the next two years.