Thursday, December 8, 2022

Chip crisis now severe – 2023 over again?

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The shortage of chips could already be over next year. The reason is the large-scale expansion of production, which will soon bear fruit, said industry analyst Alan Priestley from the IT market researcher Gartner of the German Press Agency. The industry has been investing in new factories since the first signs of bottlenecks at the beginning of the corona pandemic. “That’s why we’ll probably have overcapacity in 2023 or 2024,” Priestley predicted.

This oversupply will in turn be eaten up over time by the increasing demand. This interplay is in itself typical for the chip industry, stressed Priestley. “As soon as demand and supply are in balance, investments are made to have capacity for the next surge in demand.”

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