The global COVID-19 pandemic helped bring about the strongest year ever for gaming investment in 2020, but now the coronavirus is affecting the availability of hardware.
Video games are one of the most popular modes of entertainment, and due to product shortages consumers are having to go on real-life quests to try to secure consoles and computer components.
The shortage can be traced back to a variety of factors that have been augmented by current purchasing behaviors, high demand for technological manufacturing components and COVID-19.
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Here the Investing News Network (INN) takes a closer look at the issues affecting gamers across the world and how the current environment is affecting the gaming investment proposal.
Pandemic hinders Asian semiconductor output
The modern technology industry has placed high demand pressures on semiconductors, which are needed for the chips inside complex machines like consoles and computers.
The production of these components is predominantly done through a few players located in Asia. However, these companies have faced restrictions on the output at their factories due to the pandemic.
The issue has highlighted how much companies across various industries depend on a select number of manufacturers when it comes to these technological parts. A report from 60 Minutes indicates that 75 percent of semiconductor production is based out of Asian countries.
“I think we have a couple of years...
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