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Chip Shortage Could Affect OLED Products

One of the many shortages currently being suffered by the economy is that of microchips. There are a few reported reasons for the shortage, including high demand for products during the last year, the Trump-era trade war between the United States and China, and other factors.

This has affected all sorts of products, especially cars. And now, a new report says that the chip shortage may soon extend to organic light-emitting diode (OLED) devices.

According to The Financial Times, the chip shortage may very well extend soon to the sort of OLED displays used on smartphones and televisions.

The report said that Samsung and Taiwan Semiconductor Manufacturing Company (TSMC), which are the world’s major suppliers of OLED chips, and both are now “under strain” due to shortages. In fact, prices have already begun to rise for the OLED chips. National Interest

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