The global chip shortage isn’t going away soon, according to a recent report. As manufacturers jostle for the limited supply of chips, the shortage is about taking a new dimension. News emanating from Hong Kong indicates that cargo thieves are beginning to target the chip supply chain. 
According to a Hong Kong-based media Wen Wei Po report, cargo thieves intercepted a batch of chip that was to be delivered. The report hinted that the robbery occurred in Tuen Mun, Hong Kong around 3 pm on June 16. A logistics company was hired to deliver a batch of high-priced electronic chips (14 boxes) worth about HK$5 million (~$644,000) to the manufacturer’s warehouse.
Interestingly, the chip was only being transferred to a warehouse on the 8th floor of the same industrial building. The truck driver assistant was accosted in the elevator by three men who attacked him as soon as the elevator door closed, leaving him with some degree of injuries. The boy notified his colleagues who then called the police but the thieves could not be tracked down despite the police mounting roadblocks on major arterial roads around the crime site. 
Earlier this month, a research report by market analysis firm “TrendForce Consulting” showed that the semiconductor industry has benefitted tremendously from the rising demand for a number of terminal applications, leading to an increase in their stock prices. The increase in demand compared to supply has also led to a rise in the prices of wafer and adjustment to the product mix to ensure profitability. The high demand could lead to an increase in the theft of chip cargoes and thus, foundries may need to increase their security level.
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