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Chip shortages could last for years

The global shortage of chips is a growing problem for the economy. The head of Intel, one of the largest manufacturers, fears that the bottlenecks will not go away anytime soon.

According to Intel boss Pat Gelsinger, the supply bottlenecks for semiconductors could continue for a long time. The industry has now addressed the short-term restrictions, Gelsinger said on Monday.

However, it could take several years to find answers to shortages in contract manufacturing, individual components and layers. The unavailability of chips has recently forced several automakers to stop tapes and is also affecting the production of electronics.

Intel wants to build a factory in Germany

Gelsinger justified his statements in a virtual speech at the Computex trade fair in Taipei with the trend towards home offices in the corona pandemic and the associated explosive increase in demand for semiconductors for consumer electronics.

Intel now wants to expand its capacities and also increasingly get into contract manufacturing. The world’s largest chip company has announced that it intends to set up new factories in Arizona as well as a plant in Europe and is considering choosing a location in Germany.

In addition, the company wants to produce chips for car manufacturers in the medium term. This should see competition with Taiwan Semiconductor Manufacturing (TSMC) and Samsung Electronics picking up speed. At the moment, more than two thirds of all modern semiconductors are manufactured in Asia.

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