![]() This created a global chip shortage, pitting Sony and Microsoft against vehicle manufacturers like Ford and computing companies such as Apple. While that would be fine if supply could match demand, COVID severely hampered silicon chip production. With more people bored at home, demand for consumer electronics-particularly gaming consoles-has reached unprecedented heights. Compounding the supply issue is that this latest round of debuts arrived at the height of a global pandemic. Whenever a new generation of gaming consoles arrives, it’s normal for scalpers to come out of the woodwork to snap up hard-to-find systems and sell them at high markups.
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