Chipmakers warn of a global supply shortage
The problem could slow down the production of electronic devices around the world
The industry of processor manufacturing companies, among which is the US company specializing in mobile chips Qualcomm, have warned about a shortage of semiconductor supplies that could slow down the production of electronic devices around the world.
The CEO of Qualcomm, Cristiano Amon, presented the economic results of the company last Friday and warned of a marked shortage “in all areas”, as the analyst Bloomberg has collected.
This lack of supply originates from the manufacturing industry’s dependence on a small number of semiconductor suppliers from Asia, especially Taiwan, such as TSMC, Taiwan Semiconductor Manufacturing Company.
Currently, the high demand for processors by technology companies, such as mobile manufacturers, is already causing supply problems for other manufacturers such as vehicle manufacturers, which reduced their demand with the onset of the pandemic and are now experiencing difficulties to get components.
The global shortage of semiconductors is among the causes of a 20 % reduction in the production of several General Motors and Ford plants in the United States, announced by the American company this month. However, the lack of supplies may also affect the rest of the manufacturing industries, beyond vehicles, as warned by companies in the sector such as the European NXP Semiconductors NV and Infineon Technologies AG.
Source: dpa
