Foxconn Predicts Chip Shortage Could Get Better In Second Half Of 2022
The global chip shortage is restricting the growth of all major industries that rely on these microcontrollers. But Foxconn shared a relieving news yesterday. According to the company, the second half of 2022 is heading in a better direction. As Shanghai’s COVID restrictions begin to decrease, the company is expecting a productive second half in 2022. The Shanghai government will allow all residents in ‘low-risk’ areas to return to work from Tuesday....