jsposting

Jsposting29 Nov, 2022Finance

Some of the early reports from 2021 stated that the chip shortage would be over by the end of 2021 but as we all know that?s not the case. While the COVID-19 pandemic has been successfully contained through the use of vaccines, the effects of this pandemic continue to be felt across numerous industries, particularly those that are dependent on semiconductors. As we move into 2022, we should be able to see a significant improvement in the supply situation. A unique situation exists in the semiconductor industry. It is constrained not by demand, but by the supply of goods and services. In the near future, it seems likely that there will be a period of oversupply in the area of auto semiconductors at some point during the year 2023. This is due to the current shortage of components. Also, read Why Cyber-protection is crucial