Even though there was a shortage 

Beancounters working for the Semiconductor Industry Association (SIA) have added up some numbers and reached the conclusion that, despite the chip shortage, global semiconductor industry sales reached $556 billion in 2021, up 26 per cent in the 2020.

Governments are more concerned about the industry

Jimmy Goodrich, vice president of global policy with the Washington-based Semiconductor Industry Association is warning that spats for dominance over the chip industry are going to become nastier.

But SIA is not optimistic