New crisis in chip shortage: Millions of fake chips may be on the market!

The global chip shortage, which brought production to a halt in many sectors from automobiles to consumer electronics, may have caused a much bigger problem. Because, according to the information shared by TechRepublic, semiconductor fraudsters, who turned the crisis into an opportunity, may have released many fake or faulty chips.

Manufacturers turned to untrusted sources when they could not meet the increasing demand.
Manufacturers, who could not respond to the change in the supply-demand balance experienced in most sectors with the impact of the COVID-19 pandemic, turned to vendors that did not have a proven track record in producing integrated circuits when they could not supply the microchips they needed. So much so that, according to the Wall Street Journal, many well-known technology companies have obtained a large number of poor quality or corrupt microchips from such untrusted sources.

Serious security problems may be at the door.
Experts underline that the fake chip problem caused by the bottleneck in the semiconductor industry may have serious consequences. It is said that these chips, which are used in security-critical applications, can even cost human lives.

Safety expert Mike Borza exemplifies the situation as follows: "Imagine that a fake chip is used in the ABS brake module of your car. It's scary to even think about it."