The semiconductor division of Royal Philips Electronics hopes to help consumer electronics makers make the move from cathode-ray tube to liquid-crystal display TVs with new chips.

Instead, store owners want to pass those costs onto manufacturers. HERSHIPS: In 2015, Goldman Sachs says consumer goods companies paid more than $200 billion to retailers in placement fees.

The shortage has highlighted the importance of chip manufacturing to many industries, and the most advanced chips will be vital to progress in key areas such as artificial intelligence, 5G, and ...