Qualcomm's serious chip shortage may last until late this year

Qualcomm, the biggest supplier of mobile microprocessors worldwide (particularly for Android devices), is seriously with an increasingly high demand for its chips now that the COVID-induced sales drop has begun righting itself. Biden recently announced he would seek $37 billion in funding for chip manufacturers in the US, including Qualcomm, but it could take a long time before its effect reaches smartphone sellers and end consumers. Huawei’s ban from the U.S. market abruptly gave many rivals an opportunity back in 2019, and now in COVID’s wake, demand for Qualcomm processors seems to …
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