Tech industry struggles to keep up with demand brought on by the reopening of the world economy
The shortage of computer chips plaguing industries around the world and helping to fuel inflation could last another two years, the boss of IBM has said.
With the global car industry estimated to lose $110bn this year thanks to the chip shortage, IBM’s president, Jim Whitehurst, told the BBC on Friday that the tech industry was struggling to keep up with demand brought on by the reopening of the world economy.
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