Bosch expects chip shortage to drag on into 2022


A worker holds a 200mm silicon wafer at the Bosch semiconductor fabrication plant. Bosch's incoming boss predicts the chip shortage is here to stay. — Bloomberg

Stefan Hartung, the incoming chief executive of German technology company Bosch, says the industry's shortage in semiconductor chips is not going away any time soon.

"Let's be clear, the chip crisis is not over," Hartung told the magazine Focus.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Tech News

AI startup Cohere raises $270 million in Nvidia-backed funding round
German firms to receive 4 billion euros through EU microelectronics push
Apple, Epic ask US appeals court to reconsider its antitrust ruling
Legal AI company EvenUp raises $50 million at $325 million valuation
Senators ask U.S. Justice Dept to probe Binance statements to Congress
EU approves $8.7 billion of state aid for tech innovation projects
KKR, CDP rival consortium readying new bids for Telecom Italia's grid
GameStop shares plummet after fifth CEO exit in 5 years
Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
Microsoft, Google strategy to test AI search ads irks some brands

Others Also Read