Fridges, microwaves fall prey to global chip shortage

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By Josh Horwitz
SHANGHAI (Reuters) - A global shortage of chips that has rattled production lines at car companies and squeezed stockpiles at gadget makers, is now leaving home appliance makers unable to meet demand, according to the president of Whirlpool Corp in China.
The U.S. based company, one of the world's largest white goods firm, is falling behind on exports to Europe and the United States from China, by as much as 25% on some months, Jason Ai told Reuters in Shanghai.
"It's a perfect storm," he said on the sidelines of the Appliance and World Electronics Expo.
"On the one hand we have to satisfy domestic demand for appliances, on the other hand we're facing an explosion of export orders. As far as chips go, for those of ...


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