Deloitte Global predicts that many types of chips will still be in short supply throughout 2022, and with some component lead times pushing into 2023, meaning that the shortage will have lasted 24 months before it recedes, similar to the duration of the 2008–2009 chip shortage. The world is hungry for products enhanced by a growing volume of chips, but they’ll be kept waiting throughout 2022 until supply catches up with rising demand, especially for chips made locally.
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