Obsessed with technology?
Subscribe to the latest tech news as well as exciting promotions from us and our partners!
By subscribing, you indicate that you have read & understood the SPH's Privacy Policy and PDPA Statement.
News
News Categories

TSMC warns chip shortage to continue through 2022

By Cookie Monster - on 16 Apr 2021, 12:00am

TSMC warns chip shortage to continue through 2022

Image source: AnandTech

TSMC, which is the world’s biggest semiconductor foundry, claims the global chip shortage is going to last longer than expected.

While TSMC reported strong earnings for Q1 and increased its whole-year revenue forecast by 20%, the company warns the chip shortage will continue for the rest of 2022. In the meantime, it is increasing capacity and working to keep pricing reasonable. TSMC plans to invest $100 billion over the next three years to boost capacity at its plants.

Foxconn, another Apple supplier, recently confirmed that the chip shortage will affect its shipments. It claims the global chip shortage will last until at the least Q2 2022. 

The global chip shortage will certainly affect Apple’s future product releases. Production of some MacBooks and iPad models are said to be affected. The iPhone production is not affected at the moment although supply of certain components is “quite tight”.

Reuters reported last month that the global chip shortage is expected to hit phone shipments this year with Qualcomm struggling to meet demand for its mobile chipsets. Samsung is considering to skip the 2021 Galaxy Note due to "serious imbalance" of chips. Routers are also affected with some brands seeing delays of more than a year.

Source: Reuters via 9to5Mac

Join HWZ's Telegram channel here and catch all the latest tech news!
Our articles may contain affiliate links. If you buy through these links, we may earn a small commission.