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Taiwan is facing huge power and water shortages amid a global shortage of microchips, a supply-chain-mapping CEO has told Express.co.uk.
The island nation which controls about two-thirds of all microchip production is under pressure from companies worldwide but is struggling to keep up with demand due to limitations in production. Bindiya Vakil, CEO of Resilinc, a California based software company and supply-chain-mapping servicer told Express.co.uk that production of the vital technology has halted in some locations.
