Title: Chip shortage - Wikipedia
Headings: Chip shortage
Chip shortage
Contents
Introduction
Cases of shortages
2020–21 global chip shortage
Causes
1986 chip pact
Results of shortages
References
External links

Content: This is what caused global shortages of older chips in 2021 during the COVID-19 pandemic. 1986 chip pact
A chip pact enacted in 1986 was designed to help the United States compete with Japanese manufacturers. However, it had unintended consequences. The pact called for Japanese companies to stop selling chips below cost, or dumping, which led to the companies producing and exporting fewer chips, the root cause of the dumping. American companies did not reenter the market as expected due to the high cost of production and risk. Results of shortages
The 1988 chip famine caused the delay of Zelda II: The Adventure of Link due to a lack of SRAM. Shortages of DRAM, SRAM, and processors have led to raises the prices for remaining chips. Lack of IC's for their Wii console caused the global Wii shortage in 2007. References
^ "Chip Shortage Spurs Japanese Workers to Forgo Vacations".