Global microchip shortage will last until 2023


Intel has announced ambitious $ 95 billion investment plans to boost semiconductor research and capacity in Europe over the next decade.

The European Commission has sought to take control of a centralized European microchip industry with a European chip law. The bloc wants to control a fifth of the world’s supply of chips by 2030, but is far behind more mature markets such as Taiwan. The European Commission must also secure the tens of billions of euros in funding needed to make its mark.

In the United States, President Joe Biden earlier this year unveiled his Chips for America Act, a $ 50 billion (£ 36 billion) incentive program to speed up chip manufacturing and research in the States. -United, although this has yet to be passed by Congress.

IDC said revenue from 5G semiconductors for mobile communications will grow 128%, while revenue from automotive chips will grow 22.8% by year-end as shortages are slowly eased.

Concerns over chip sovereignty prompted the UK to consider the takeover of the country’s largest silicon wafer producer, Newport Wafer Fab, by a Chinese company. The competition watchdog is also investigating the takeover of chip technology designer Arm by US company Nvidia.

Leave A Reply

Your email address will not be published.