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Chip shortage crisis enters 'danger zone', wait time reaches all time high

The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research.

Topics
semiconductor | Automakers | electrical manufacturers

Ian King | Bloomberg 



fabrication, semiconductors, semi-conductors, chips, chipmakers, PLI scheme, electronics, manufacturing, jobs, employment
Chip shortages are rippling through industry preventing companies from shipping products. Automakers are now expected to lose out on $110 billion in sales this year due to idle factories for lack of essential components.

Shortages in the industry, which have already slammed and consumer electronics companies, are getting even worse, complicating the global economy’s recovery from the coronavirus pandemic.

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First Published: Wed, May 19 2021. 09:19 IST

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