Chip shortage will not end next year

Stefan Mileschin · 21st December 2021, 14:44

Intel warns

Chipzilla boss chief Pat [kicking] Gelsinger has reiterated the global chip shortage is set to continue into 2023.

Manufacturers are flat out to step up production to meet demand, but Gelsinger warned the problem is not going away any time soon.

He repeated his comments back in October and last week visited Malaysia as Intel announced an expansion to its back-end manufacturing capabilities, as reported by Nikkei.

"The overall semiconductor shortage is quite significant and the semiconductor industry was growing about five per cent per year before COVID," said Gelsinger.

"COVID disrupted the supply chains, causing it to go negative...Demand exploded to 20% year-over-year and disrupted supply chains created a very large gap...and that exploding demand has persisted."

The Malaysian expansion is part of an investment across the US, Europe and Asia, with new sites due in the near future.

https://fudzilla.com/news/54076-chip...-end-next-year

21st December 2021, 14:44	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,812	Chip shortage will not end next year Intel warns Chipzilla boss chief Pat [kicking] Gelsinger has reiterated the global chip shortage is set to continue into 2023. Manufacturers are flat out to step up production to meet demand, but Gelsinger warned the problem is not going away any time soon. He repeated his comments back in October and last week visited Malaysia as Intel announced an expansion to its back-end manufacturing capabilities, as reported by Nikkei. "The overall semiconductor shortage is quite significant and the semiconductor industry was growing about five per cent per year before COVID," said Gelsinger. "COVID disrupted the supply chains, causing it to go negative...Demand exploded to 20% year-over-year and disrupted supply chains created a very large gap...and that exploding demand has persisted." The Malaysian expansion is part of an investment across the US, Europe and Asia, with new sites due in the near future. https://fudzilla.com/news/54076-chip...-end-next-year

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