The global chip shortage is still hurting Samsung, Honda and Volkswagen

The global chip shortage is continuing to pummel global business, with Samsung, Honda and Volkswagen among the latest major companies to warn of sustained disruption.

On Wednesday, Samsung (SSNLF) co-CEO Koh Dong-jin told investors that the South Korean tech giant was having trouble with its supply chain. The company is scrambling to address the dearth of semiconductors, and could continue to face problems in the second quarter, he added. Meanwhile, the auto industry — which has already been rocked by the shortage in recent months — is pointing to worsening conditions.