January 13, 2022
Samsung Estimates the Global Chip Shortage could Last into 2023

Samsung Mobile Chief Says the Global Chip Shortage could Persist until Late 2022, but Toshiba Thinks it’s Worse

Samsung Mobile’s head believes the current chip shortage will endure well into 2022, but Toshiba’s forecast estimates it will last until 2023…

TM Roh, the president of Samsung Mobile, recently discussed the international computer chip shortage with TheElec. Roh met with senior executives from over thirty smartphone component suppliers regarding their business plans for 2022. Samsung estimates the existing chip scarcity will remain a reality, until production levels return to normal, sometime in the second half of 2022.

Samsung Estimates the Global Chip Shortage could Last into 2023

Samsung isn’t the only technology company with such a dire outlook. Similarly, Toshiba predicts the chip shortage will persist into 2023. Takeshi Kamebuchi, head of semiconductors at Toshiba, explained, “the supply of chips will remain very tight until at least September next year. In some cases, we may find some customers not being fully served until 2023.”

Neither forecast is far off from the other, with both believing the global chip shortage will stay problematic until late 2022 or early 2023. Of course, these are just predictions and there’s no hard data to rely on to provide a more certain timeline. But, Samsung is pushing for more annual contracts with chip manufacturers in order to secure what little chip production

Savannah Marie

Savannah Marie loves writing and all things social media. She writes on a variety of topics, from social media to health and wellness to travel and all points in between! She is the lead writer and creator of Mixios and blogs with style and a one of a kind voice.

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