Global chip shortage bites

.“There are uncertainties right now as the lead time for critical ICs used in the consumer electronic goods and automobiles have hit 52 weeks compared with 26 weeks prior to the global shortage," said PIE Industrial managing director Alvin Mui.

GEORGE TOWN: The electronics and electrical (E&E) industry players are bracing for an uncertain outlook, amid the acute global shortage of integrated circuits (ICs) or “chips”, which is expected to drag on into 2022.

The current chip shortage situation has been described by industry observers as one of the worst to hit the E&E industry.