Still waiting on your PS5 and iPad to ship? Blame the global chip shortage

Today, one of the largest chipmakers in the world, Intel, said that it might take a couple of years for the worldwide chip shortage to settle down. Pat Gelsinger, the CEO of the company, emphasized severity of the problem yet again during a virtual session of the Computex conference after highlighting it first in April.  Intel’s not the first or only company to raise the alarm about this global crisis. In April, South Korean tech giant Samsung noted that this problem is hitting its smartphone and appliances business. The company said that it has to “rebalance” its production plans to manage its sales…

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