Worldwide chip shortage to hit smartphone production next, foreshadowing deficient supply for a range of appliances and industrial equipment
The semiconductor shortage that has gripped the world could last well into 2022 and hit smartphone production next, foreshadowing deficient supply for a range of appliances and industrial equipment, industry executives and an economist said.on July 23 that the shortages that have jacked up the price of some electronic items can extend into 2023.
"China gained 5 percent on the chip shortage in terms of GDP - Taiwan semiconductor companies have planned well and built large factories in mainland China," Pang said, predicting that smartphone makers will be the next segment to face disruptions. The broader supply crunch could last until the second quarter of 2022, said Adam Khan, founder of AKHAN Semiconductor, although he noted this timeline was "aspirational."
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