Call Today (888) 400-2748

What Does the Global Chip Shortage Mean for You?

October 21, 2021 /


October 21, 2021

Share it

Call Today (888) 400-2748

What Does the Global Chip Shortage Mean for You?

October 21, 2021 /


October 21, 2021

Share it

One of the ripple effects of the pandemic is the impact on supply chains – especially for semiconductors (or chips). In 2021, almost all major manufacturers across a broad range of industries like Ford and Samsung have said they are slowing production due to the global chip shortage.

Experts predict that things won’t go back to normal until 2023. Until then, here’s what to expect:

  • Products that contain chips will get 10-15% pricier. This doesn’t only include PCs but everything from cars and gaming consoles to fitness wearable and smart litter boxes.
  • Some products may become unavailable, hard to find or have longer waiting times. The hardware vendors that AllSafe IT works with regularly have advised lead times up to 90s days for many of their products.
  • If you are anticipating any hardware purchases in 2021-2022, please keep these factors in mind and plan ahead. We strongly recommend that you work with your IT provider to forecast your technology needs for the next 6 months.
  • Plan ahead for the 2021 holiday shopping season - buy as early as possible and don’t wait for price drops.

In October, Apple announced that they were cutting production of the new iPhone 13 by as many as 10 million units. Analysts fear this is a sign that supply chains conditions are getting worse, as even “the most powerful company” is being impacted.

Tags:    
Category:    

Bones Ijeoma

Author since Dec 12, 2021
Bones Ijeoma is CEO and co-founder of AllSafe IT, and his mission is to make downtime obsolete. Bones received a BS in Computer Engineering from Cal State Long Beach and received an MBA in Entrepreneurship from USC Marshall School of Business. After finishing school and working for companies such as Marriott Hospitality, Dreamworks, and UCLA Medical Center, Bones realized there was a need for small businesses to have access to the same technology solutions that large corporations leverage.

Bones Ijeoma

Author since Dec 12, 2021
Bones Ijeoma is CEO and co-founder of AllSafe IT, and his mission is to make downtime obsolete. Bones received a BS in Computer Engineering from Cal State Long Beach and received an MBA in Entrepreneurship from USC Marshall School of Business. After finishing school and working for companies such as Marriott Hospitality, Dreamworks, and UCLA Medical Center, Bones realized there was a need for small businesses to have access to the same technology solutions that large corporations leverage.
phone-handsetcrosschevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram