World going through unprecedented chip shortage, says China trade body

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SHANGHAI: The world is going through an unprecedented chip shortage, Zhou Zixue, a senior official with the China Semiconductor Industry Association, ...

Visitors throng the booths at Semicon China, a trade fair for semiconductor technology, in Shanghai on Wednesday. – REUTERSPIXThe world is going through an unprecedented chip shortage, Zhou Zixue, a senior official with the China Semiconductor Industry Association, said on Wednesday, after semiconductor sales grew 18% last year.

China is the world's largest buyer of semiconductors, but domestic production is marginal. Sales in China grew 17.8% in 2020 from a year earlier to 891 billion yuan , according to CSIA. In another development, Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Apple Inc, said on Wednesday it had put its orders in early and so was not seeing much impact from global tightness in chip supplies.

 

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