Friday, 24 March, 2023

Chip shortage now expected to last till 2024

<p>Research company Techcet has reported that the manufacturing capacity of wafers will not be meeting the projected demand for 2022 or 2023 which will be affecting production and chip prices. While the current production rate of 7,200 wafers per month (wpm) satisfies the demand, the demand is increasing fast, and to keep up with it wafer manufacturers are investing in new plants. These plants take up to 2-3 years to develop and equip these facilities</p>