LISBON, Nov 3 ― The shortage of computer chips that is hobbling auto manufacturers will last until the end of next year, the head of a leading designer of semiconductors said yesterday. Arm Holdings chief executive Simon Segars said that the semiconductor industry is currently investing some US$2...
LISBON, Nov 3 ― The shortage of computer chips that is hobbling auto manufacturers will last until the end of next year, the head of a leading designer of semiconductors said yesterday.
“Where are we going to be next Christmas? I expect this supply chain constraints to be a little better but it won't be completely fixed,” Segars said at the Web Summit in Lisbon.Britain-based Arm is a designer of computer chips that are used to power many consumer electronics devices, and is in the process of being bought by US firm Nvidia from Japan's Softbank in a US$40 billion deal.
The auto industry has been particularly hard hit, with shortages expected to block the production of 7.7 million vehicles this year, according to one estimate.
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