Lack of semiconductors puts 169 industries in trouble
New Delhi: According to Goldman Sachs, 18 industries like steel, mobile, air conditioning, breweries, electric and auto are facing production difficulties due to shortage of chips in the world today. Vehicle production has slowed in the US, Japan, Europe and Asia, including India. All eyes are on Taiwan Semiconductor Manufacturing Company (JISB), the world's largest chip maker. This is because the company has a 40 per cent share of the global market with a supply of 90 per cent modern microprocessors. With a market value of Rs 21 lakh crore, TSMC, founded by 19th engineer Maurice Chang, is being watched around the world. Amid China's threat of an attack on Taiwan, car companies blamed TSMC for the shortage of chips. "Car companies are our customers," said Mark Liu, the company's chairman. How can we prioritize others because of it in chips supply? Orders were delivered in 12 weeks when the shortage was noticed from February. Amid economic weakness due to the K