BERLIN (Reuters) – The semiconductor trade’s battle to maintain up with incoming orders seems set to proceed as supply bottlenecks might final until the end of 2022, a member of German chipmaker Infineon’s administration board informed the Handelsblatt newspaper on Wednesday.
“The bottlenecks will prolong properly into 2022 and will even final until the end of the yr,” Chief Marketing Officer Helmut Gassel informed Handelsblatt.
At the identical time, demand is constantly excessive as a result of international push in direction of digitalisation, Gassel added.
“So far, we’ve not seen any cancellations of orders,” he stated.
(Reporting by Zuzanna Szymanska; Editing by Riham Alkousaa)