US economy loses 240 billion USD in 2021 due to microchip shortage: Reports

Washington [US], January 29 (ANI/Sputnik): Shortage of microchips in production processes in the United States cost the American economy 240 billion USD last year, and electronics companies encountered the most significant impact, the US broadcaster CBS News reported, citing experts.

Disruptions were sparked by closure of major chip production plants in Asia due to the pandemic, according to the broadcaster.

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