Vincent Boland: The chips are down and the whole world is facing trouble

The microchip has changed the world since its invention in the 1950s. But after Covid caused global demand to plunge, chip manufacturers are now finding it hard to keep up with a sharp spike in orders as the world starts to emerge from the virus

13th June, 2021
Vincent Boland: The chips are down and the whole world is facing trouble
Scarcity is the new plenty: a shortage of microchips is slowing down many of the world’s biggest manufacturers. Picture: Bloomberg

One of the odd things about the technology industry is that the little thing that makes its products work – the microchip – has become something of an afterthought.

Since its invention in the late 1950s, the chip has changed the world as much as the invention of the aeroplane did. Yet these days it is taken for granted, while the products it enables, such as phones and laptops, grab all the attention.

Now the...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Vincent Boland: Tycoon space race is boldly going where many have gone before

Vincent Boland: Biden wants to be heard on attempt to make America competitive again

Vincent Boland: Global private equity is on a spending spree in Discount Britain

Vincent Boland: In the World v Zuckerberg, the final verdict is still to be delivered