Intel reiterates chip supply shortages could last several years. Int Cors CEO sad on Monday itoul tke several years for aglabal shortage of semiconductors tobe resolved, a problem hat as shuttered some auto production Ines nds aso FILE PHOTO: Anintel Tier Lake chips splayed at an ntl news conference dringthe 2020 CES ins Vegas, Nevada US. January 6, 2020 REUTERS/Steve Marcus (Geisulvt adathis comlive/redirect/? sUrTemailtoX3A%3Fbodyit3Dhttnsi253A%2525%252F www channelnewsasia.com#252Fnews%252F business¢252Fintel- supoly= shortages: ‘could: years: 149188: Roem 4Awvo mailto%26subject%3D Intel%2520reiterat Ochin’ ool Shortage 5e0028e53ed 1fd98rey=vB.28,.8- "TAIPEL: Intel Corp's CEO said on Monday it could take several years for a global shortage of semiconductors tobe resolve, 2 problem that as shuttered some auto production ines and is also being fl in other areas, including consumer electronics, Pat Gelsinger tolda virtual session ofthe Computex trade show in Tipe! that the work-and-study-fom-home :rend during the COVID-19 pandemic had led toa "eye of explosive growth in sermcondctors” that has placed huge strain on global supply chains"ut while the industry has taken steps to address near term constrains it could stil take a couple of years forthe ecosystem to address shortages of foundry capacity, substrates and components." (Golsinger had:old The Washington Pos in an interview in mid-April the shortage was going to take “a couple of years" to abate, and that it planned to start producing chips within sx to nine months to address shortages at US, ca plants Intel announced a USS20 billion plan in March to expand its agvanced chip manufacturing capacity, building wo factories in Arizona and opening its plants to outside customers, "We plan to expand te other locations in the U.S.and Europe, ensuring a sustainable and secure semiconductor supply chain forthe word,” Glsingor said, without laboraing Intel's plans could directy challenge the two other companies in the world that can make the most advanced chips - Taiwan Semiconductor Manufacturing Co Ltd (PSM) and South Korea's Samsung Eleteonies Co Ld ‘The wo have come to dominate the semiconductor manufacturing business, moving its centre of gravity from the United States, where much ofthe technology was ‘nee invented to Asla, where more than two-thirds of advanced chips are now manufactured (Reporting by en Blanchard Héting by Muralikumar Anantharaman) ‘Tagged Topics nines and feito Hn charelnewnaacompewstoyclaninss-ndfnane shi hts my har hewens omnes fs Gleneerihts nwa chamoclnswasacom/newstpiinst lenge el ia Jaw chamapswsaacomirewsagiinal) f-mailto¥%4AK2Fhady9Dhttps9253A%752F%252F www channelnewsasia.com9.?52Fnews252Fbusiness%252Fin reiterates: shine supply shortages: ‘could: last: several: years: 1491885242523 YL RortQue k mailto%26subject%3D Intel 2520reiterates%2520chin%62520supply%2520shortages%2521 ‘5e0028eSScd fd 986revevB 28.8: wpSner=undefined&pco=tbx- 300)Start your day informed with our Editor's pick of what you should read and watch