Global chip shortage could last until the middle of 2022, foundries say

The global semiconductor shortage wreaking havoc on industries across the globe could last until 2022 before supply begins to meet demand, though Apple could avoid the worst of it.

Credit: AppleInsiderCredit: AppleInsider

Largely caused by a spike in demand for consumer technology during the coronavirus pandemic and other factors, the global chip shortage is causing automotive plants to shut down and smartphone makers to reevaluate release plans.

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