Semiconductor market shortage expected to end by mid-2022
From www.techspot.com
2021-09-21 12:28:00
Excerpt:
Fingers crossed: It’s no secret the semiconductor market has been experiencing a worldwide shortage for months now, but according to a new report signalling growth for the chips industry, the shortage could be over as soon as next year.
In what’s sure to be welcoming news for both consumers and suppliers alike due to the lack of chips, analysts from IDC forecast the semiconductor market will grow by 17.3% in 2021. Comparatively, this is a considerable increase from the 10.8% rise we saw in 2020. IDC also believes the semiconductor shortage will be over by mid-2022, and come 2023 may even experience overproduction.
