South Korea sees a semiconductor opportunity: South Korea’s recent $450 billion semiconductor spending plan—the latest global government-backed chipmaking move—may signal a move away from a chip industry once dominated by a small handful of countries

But the outlook is not all rosy—lithium shortages, battery scarcity, and the unrelenting chip shortage will hold back EV sales.

Pandemic-related chip shortages and supply chain disruptions caused slowdowns in headset shipments. At the same time, top headset makers were in the midst of changing their product lineups and shifting focus. For example, Facebook’s Oculus shipments fell just before the company replaced its original Oculus Quest with the Oculus Quest 2 in October 2020.

News of the design center comes as companies and governments around the world continue reeling from a raging global semiconductor chip shortage. The ongoing global chip shortage has renewed interest by governments around the world to shore up domestic supplies of semiconductors.

At CES, several manufacturers previewed Wi-Fi 6 products, including routers from TP-Link, Asus, and Netgear, and chips from MediaTek, Celeno and Intel. Industry experts believe that some 5G smartphones will also ship with Wi-Fi 6 chips and that the two technologies will be complementary, at least in the near term.