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From smartphones to e-cars: the chip crisis is becoming an endurance runner

It is not only around Christmas that it is more difficult than usual to get electronic items this year. Many products from smartphones to televisions to e-cars are affected by the lack of chips – and that will remain so for some time, affirmed Intel boss Pat Gelsinger.

Anyone who wanted to buy new electrical devices in the past months and years of the pandemic, or even just any product with electronic components, is most likely familiar with the problem: Many devices are less available, they come on sale again, they are almost immediately out of stock and if you are lucky enough to get hold of one, you usually have to dig deeper into your pocket – the chip crisis sends its regards.

Intel boss: chip crisis will last until 2023

High demand together with ailing to completely overwhelmed supply chains have been for months Poison for the availability of goods – to the detriment of the manufacturer as well as the customer. Those who can wait are in good shape at the moment; those who rely on new equipment look into the tube. But how long should the situation last?

Pat Gelsinger has an answer ready. As Intel boss, he knows the effects of the crisis firsthand. A few weeks ago the manager was giving hope that the worst was over. But the end is probably far from over: The chip crisis should continue for the whole of the coming year, A relaxation is not expected before 2023, said the CEO at a press conference in Malaysia (source: Nikkei Asia).

If you are not looking for the best or the latest smartphone, you have a good chance despite the chip crisis – our price tips:

New works should help, but it will take time

In doing so, he confirms earlier statements that it will take several years to overcome the effects of the crisis. Like other manufacturers, Intel also relies on Expand capacities in order to counteract the high demand.

A new international plant is planned in Malaysia. Also in the USA and in Europe to expand, Gelsinger wants to announce more “in the near future”. But: “It just takes time to build up these capacities”. Customers must therefore continue to be patient for the time being.

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