automotive and other industries around globe are facing production challenges due to shortage of semiconductors. global semiconductor shortage has caused car giant General Motors to halt production at all but four of its plants in North America. GM owns number of popular car brands, including Cadillac, Chevrolet and GMC. GM spokesperson told Detroit Free Press news agency that company is focused on trying to resolve its supply-chain difficulties. He said: "Although situation remains complex and very fluid, we remain confident in our team's ability to continue finding creative solutions to minimize impact on our highest-demand and capacity-constrained vehicles."
Semiconductors are indispensable part of many of gadgets and electrical products we use in our everyday lives. Sony, Toyota, Ford and other multinational companies are reporting production hitches due to current dearth in supply. One reason for shortage is the COVID-19 pandemic. Staff shortages in factories that manufacture chips in China, South Korea and Taiwan have negatively hit production. website engadget.com said companies would experience challenges for foreseeable future. It reported: "With shortages expected to continue until at least 2023, and no immediate solutions forthcoming, GM likely won't be last company to change its production schedule."