Samsung continues to feel the impact of the global microchip shortage, according to co-CEO Koh Dong-jin. At Samsung's annual meeting in Seoul, Koh cited the "serious imbalance in supply and demand of chips in the IT sector globally" as a potentially major issue for Samsung in 2021, according to Bloomberg. The chip shortage has wreaked havoc all over the world, from car to video game console production.
Samsung warns a 'serious imbalance' of microchips could wreak havoc on smartphones, and it demonstrates why Apple making its own chips is a brilliant move (AAPL, KRW)