Source: CCTV Finance and Economics
In early June, in order to prevent the spread of the COVID-19 epidemic, Malaysia began its second near-total blockade, which some analysts believe has the potential to aggravate the already serious chip shortage problem worldwide. Malaysia is the seventh largest semiconductor export center in the world, and more than 50 semiconductor companies worldwide have invested in Malaysia. It covers almost all semiconductor giants. On the other hand, as a result of the epidemic, many processing plants around the world are unable to open as scheduled, home work and online training have become the norm in many areas, and the demand for consumer electronics products has soared. HP's sales in consumer PCs and commercial and consumer printers both grew by more than 70 per cent year-on-year, according to HP data for the second quarter of fiscal 2021. In addition, the rapid upgrading of global smart devices has also greatly increased the demand for chips.