Holiday greetings. If you are one of the world’s 3 billion video gamers, you already know that gaming consoles are the perfect present—so perfect that retailers are struggling to keep up with demand this holiday season. Delays, not to mention the global semiconductor chip shortage, have affected the production of nearly every digital gadget. Long before Black Friday, retailers had to warn consumers that many consoles could quickly sell out, leaving many shoppers disappointed. But the world of video games faces more menacing geopolitics than supply chain disruptions.
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