Apple's silicon processor manufacturer, TSMC, has now commented on the ongoing global chip shortage, saying that it will last until 2022. It may take even longer for the shortage to completely subside.
TSMC has now officially confirmed recent reports from other foundries, stating that it will take "a few years" for the effects of the global chip shortage to pass. The announcement came as part of the quarterly earnings release. According to Reuters, TSMC exceeded expectations with a 19.4% increase in profit in the first quarter. Sales for January-March were $12.92 billion, profits were $4.93 billion. This is reportedly due to "stronger engagement with more customers," which is also behind the company's investments. company in the expansion. TSMC CEO CC Wei explained:
Global chip shortage: TSMC sees “several years of growth opportunities”
We have acquired land and equipment and begun construction of new facilities. We are hiring thousands of employees and expanding our capacity at several locations.
The reasons for the ongoing global chip shortage are, among other things, due to the higher demand for electronic devices during the COVID-19 pandemic - many people have switched to working from home. In addition, there are limited manufacturing capacities and supply chain problems. However, TSMC also sees this as "several years of growth opportunities". Meanwhile, US President Joe Biden has described the chip shortage as a "national security problem" and has started making significant investments in the semiconductor and battery industries. (Photo by Zyabich / Bigstockphoto)
