Semiconductor shortage will persist in 2022
As supply chains remain in crisis and a new variant of the coronavirus is already wreaking havoc around the world, a new study suggests that the tech market will be plagued by chip shortages in 2022. Some improvement is expected, however, with waiting times for semiconductors expected. halfway through the coming year.
Emerging in 2020, the global chip shortage is an ongoing crisis in which the demand for integrated circuits, commonly referred to as semiconductor chips, exceeds the supply. It affected more than 169 industries and resulted in significant price increases, shortages and queues among consumers for cars, graphics cards, video game consoles, computers and other products in need of repair. such chips.
Illustrating the severity of the crisis, before 2021, the crisis is expected to result in losses of around 60 billion euros in the automotive sector. In May, however, losses from the chip shortage amounted to more than 90 billion euros.
Now, a new study from Deloitte suggests that as Omicron spreads around the world, the global chip shortage is likely to last for some time to come. The Big Four company predicts that it could extend delivery times for components until 2023.
The good news is that chipmakers and governments are scrambling to ramp up production. The researchers found that the world’s three largest semiconductor manufacturers had announced capital expenditures of more than $ 60 billion for 2021, and more in 2022. At the same time, the report noted the CHIPS for America bill of $ 52 billion, which would help finance the domestic research, design and manufacture of semiconductors.
However, these efforts will take time to materialize. In 2022, customers should expect to wait 10 to 20 weeks to receive the chips they need; and although this is half the time seen in mid-2021 when they would wait between 20 and 52 weeks for several types of semiconductors, it does mean that the semiconductor industry is unlikely to balance before early 2023.
The researchers noted, “Increasing chip manufacturing capacity is a slow process, and rightly so: their expertise to start a new factory.