$GTCH With the ongoing global supply shortage of microchips impacting sectors ranging from automotive to mobile phones and more, companies are finding new strategies to adapt, including taking on chip manufacturing and design innovation.
One firm that falls into the latter category is GBT Technologies Inc. (OTC Pink: GTCH), an early stage technology developer in (IoT), and Artificial Intelligence (AI) Enabled Mobile Technology Platforms, and also the creator of a 3D, multiplanar, integrated circuits (IC) design and manufacturing technology. GBT's CTO, Danny Rittman recently spoke to Investorideas.com about the state of the integrated circuit shortage and GBT's own aforementioned chip IP. Regarding the supply shortage, Rittman said it won't be fixed any time soon, but with the easing of COVID-19 regulations - largely attributed as the main driver of the shortage - things will begin to see improvement.
"I do predict it will take some time," Rittman said. "I hope, as we all do, that in the next year or so we'll start to see things get back on track, especially with COVID restrictions being lessened. It seems like the world is deciding that we need to go back to normality with COVID or without COVID."
