Chip shortage may last up to two years, say Qualcomm and Intel

Qualcomm projects that some demand-supply equilibrium may be achieved by early 2022, but shortage in automobile sector may last longer

Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres.

Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage. 

“Everyone is helping to make it better but demand remains very strong. You saw our global results, for instance. And despite Intel Inc making investments, semiconductors being