![]() While the pandemic increased chip sales, it is important to note that the market was initially shrinking. But for the tech to become a lifeline, people had to acquire electronics, whose production depends on the chips. In fact, a Pew Research survey released in September 2021 revealed that 90% of Americans relied on the internet to survive the pandemic. Others needed computers and attendant devices to make it possible to work away from the office. As more people were stuck in their houses, many due to work-from-home (WFH) policies, they needed more electronics to keep them company. Secondly, the restrictions precipitated higher demand for electronics. For example, CSSI International, an American company that makes dog-grooming machines, could not fulfill orders because of the shortage. Interestingly, even companies one couldn't imagine could be affected by a chip shortage suffered significantly. For example, the BBC reported that big vehicle manufacturers like Volvo, Toyota, and Ford had to temporarily suspend manufacturing in 2021 because they could not acquire the chips necessary for powering the electronics in their cars. As of mid to late 2021, consumers could not purchase essential and other electronic items. With infections traveling fast across borders, governments across the globe imposed movement restrictions that affected the semiconductor industry in two main ways.įirst, the restrictions collapsed supply chains, leading to a chip shortage. This was a difficult period when the world was struggling through a severe pandemic, the coronavirus disease. In 2020, the importance of electronics cranked up significantly. These tiny pieces of magic have driven advances in all sectors of modern life, from computing, communications, and transportation to military systems. They are the brains with which modern electronics think and execute the functions they were created to accomplish. Semiconductors are at the core of modern life. To skip the detailed analysis of the semiconductor market, you can go directly to 5 Small Publicly Traded Semiconductor Companies. In this article, we present 13 small publicly traded semiconductor companies. ![]()
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