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One of the world's biggest manufacturers of chips is the SAMSUNG.
The global chip shortage is expected to cause a jump in profit for the last three months of the year.
In the period, the world's biggest memory chip maker estimates that it made more than $12 billion.
It would be the highest fourth quarter operating profit in four years.
Strong demand for server memory chips and higher profit margins in its chip contract manufacturing business boosted the company's earnings.
Sam Reynolds, technology analyst, told the BBC that he believes thatSamsung is well placed to profit from the record-breaking demand for PCs and electronics.
The firm has been helped by currency fluctuations, as the Korean won continues to depreciate, making Korea's exports more attractive to the global market.
The estimated profit was lower than what analysts had predicted.
Spending on employees' bonuses and marketing for its phone business were seen as reasons for it missing the market forecast.
In recent months, the global shortage of semiconductors has caused major disruptions for manufacturers, from carmakers that have had to suspend production to Apple warning that iPhone shipments would be delayed.
The company's chip manufacturing operation in central China is being watched by investors. The city has been in a state of lock down since December.
Last week, the company said it would temporarily adjust operations at its sites in Xi'an, but gave no details on how the measures would affect the production of chips.
In November of last year, it was announced that the new $17 billion computer chip plant would be located in Texas.
The plant is expected to be up and running by the second half of the century. It is the biggest investment by the company in the US.
The shares in the company were higher in Korea.
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The shortage of Semiconductors could be a problem for you.
It's Samsung.
South Korea.
Semiconductors.