"From notebooks, monitors, TVs , smartphones, tablets to cars, there is an overall shortage of chips. "This has started to make semiconductor factories nervous when they have more semiconductor orders," said Iris Pang, a Taiwan economy specialist at ING, who said the current chip shortage would probably last into next year and possibly into 2023. "This is because demand is likely to rise along with the global recovery but building new production lines can be a slow process. "TSMC has always maintained contingency plans for each stage of water restrictions... "And the world needs a more balanced supply chain to accomplish that."

Source: Economic Times April 21, 2021 08:01 UTC