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The Chip Crunch Is On: Solutions to Address the Global Microchip Shortages and Future Demands
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 9, 2021) - In...
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[{"type":"text","content":"The Chip Crunch Is On: Solutions to Address the Global Microchip Shortages and Future DemandsPoint Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 9, 2021) - Investorideas.com, a leading investor news resource covering technology stocks, releases a special report on the microchip shortages currently impacting the global economy and how companies are addressing the issue, featuring GBT Technologies Inc. (OTC Pink: GTCH). Read the full article on Investorideas.comhttps://www.investorideas.com/News/2021/technology/08061Microchip-Shortages.aspIn a recent investing article on the sector it was noted, \"An acute shortage of semiconductors has been hurting several industries, with carmakers and electronic goods manufacturers suffering the most. This has led many carmakers to temporarily halt production, which is now affecting their sales and revenues.\"Glenn O'Donnell, Vice President, Research Director of Forrester Research said in his blog, \"The pandemic played a role in this demand surge, too. The surging demand seems to have caught the chip fabs by surprise. Capacity has been increasing but not nearly fast enough to keep up. The pandemic temporarily shut down chip fab capacity. This caused a backup similar to the impact of the Ever Given fiasco on the Suez Canal. That chip backlog is still taking time to flush through.\"\"Because demand will remain high and supply will remain constrained, we expect this shortage to last through 2022 and into 2023.\"GBT Technologies Inc. (OTC Pink: GTCH), an early stage technology developer in (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms, is looking to bring a new solution to the microchip sector. The Company recently announced it filed a nonprovisional patent application for ICs automatic design rule correction system and method; application #17391292 with the US Patent and Trademark Office. The patent protects systems and methods for automatic correction of geometrical design rule violations which typically takes vast amount of time to correct manually.From the news: These systems and methods automatically correct the IC layout without any manual intervention, maintaining its electrical connectivity while keeping compliance with Design For Manufacturing (DFM) and Reliability Verification (RV) constraints. A typical process of manual correcti...