Its President Jim Whitehurst told the BBC it could be "a few years" before the situation improves. Many firms have seen production delayed because of a lack of semiconductors, triggered by the pandemic.
The shortage has been exacerbated by surging demand for TVs, phones and gaming consoles while consumers are stuck at home. Mr Whitehurst said on BBC World Business News: "There's just a big lag between from when a technology is developed and when [a fabrication plant] goes into construction and when chips come out".
"So frankly, we are looking at couple of years… before we get enough incremental capacity online to alleviate all aspects of the chip shortage."
Read more at : https://www.bbc.com/news/business-57105368
