• Home
  • Laptops
  • Laptops News
  • Intel CEO Pat Gelsinger Reiterates at Computex That Global Chip Supply Shortages Could Last Several Years

Intel CEO Pat Gelsinger Reiterates at Computex That Global Chip Supply Shortages Could Last Several Years

Intel said the work-and-study-from-home trend during the COVID-19 pandemic had led to a cycle of explosive growth in semiconductors.

Intel CEO Pat Gelsinger Reiterates at Computex That Global Chip Supply Shortages Could Last Several Years

Intel CEO Pat Gelsinger had said earlier that chip shortage would take "a couple of years" to abate

Highlights
  • Intel announced a $20 billion (roughly Rs. 1,44,720 crores) plan in March
  • Intel announced its 5G modem partnership with MediaTek in 2019
  • We plan to expand to other locations in the US and Europe, Gelsinger said
Advertisement

Intel's CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

Pat Gelsinger told a virtual session of the Computex trade show in Taipei that the work-and-study-from-home trend during the COVID-19 pandemic had led to a "cycle of explosive growth in semiconductors" that has placed huge strain on global supply chains.

"But while the industry has taken steps to address near term constraints it could still take a couple of years for the ecosystem to address shortages of foundry capacity, substrates and components."

Gelsinger had told The Washington Post in an interview in mid-April the shortage was going to take "a couple of years" to abate, and that it planned to start producing chips within six to nine months to address shortages at US car plants.

Intel announced a $20 billion (roughly Rs. 1,44,720 crores) plan in March to expand its advanced chip manufacturing capacity, building two factories in Arizona and opening its plants to outside customers.

"We plan to expand to other locations in the US and Europe, ensuring a sustainable and secure semiconductor supply chain for the world," Gelsinger said, without elaborating.

Intel's plans could directly challenge the two other companies in the world that can make the most advanced chips - Taiwan Semiconductor Manufacturing Co (TSMC) and South Korea's Samsung.

The two have come to dominate the semiconductor manufacturing business, moving its centre of gravity from the United States, where much of the technology was once invented, to Asia, where more than two-thirds of advanced chips are now manufactured.

© Thomson Reuters 2021


It's an all television spectacular this week on Orbital, the Gadgets 360 podcast, as we discuss 8K, screen sizes, QLED and mini-LED panels — and offer some buying advice. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Intel, Pat Gelsinger, TSMC, Samsung, Computex
Zerodha Founder Nikhil Kamath Clarifies 100 Crore Salary News on Twitter, Calls it 'Unwanted Noise'
Loki, The Family Man, Jagame Thandhiram, and More: June 2021 Guide to Netflix, Disney+ Hotstar, and Prime Video
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »