Chip Hoarding by PC and Smartphone Makers Turns Shortage to Glut Amid Inflation, Lockdowns, and Ukraine Crisis

After a global chip shortage that saw PC and smartphone makers struggle to source semiconductors to make their products, the industry has seen a glut in some sectors. Analysts say that big suppliers of chips to consumer electronics makers, especially low-end smartphones, will be hit hardest by the downturn. Manufacturers who stockpiled computer chips during the pandem...