From smartphones to cars, many everyday items that society depend on are, in turn, reliant on semiconductor chips. The chip serves as the brain within an electric device responsible for its function. However, there has been a global shortage caused by the high demand of electronic devices during the pandemic. Nils Meinhardt, Global Product Manager, HVACR Industry at UL, shares his insights on the potentially far-reaching consequences this shortage will have on the supply chain and performance of the HVACR sector.