With Forrester predicting a protracted semiconductor shortage that could last until 2023, electronics manufacturers are finding new ways to help offset the problem and right a supply chain that’s been disrupted by several different factors. “Capacity has been increasing but not nearly fast enough to keep up. The pandemic temporarily shut down chip fab capacity,” Forrester’s Glenn O’Donnell writes in “The Global Chip Shortage Won’t Ease Soon.”
“This caused a backup similar to the impact of the Ever Given fiasco on the Suez Canal. That chip backlog is still taking time to flush through,” he adds. With demand for chips expected to remain high as supply stays constrained, the research firm expects the shortage to last through 2022 and into 2023.
