The processor crisis will continue in 2022

TSMC: The processor crisis will continue in 2022

TSMC’s economic performance is expected to be crucial for the development of the processor market crisis. TSMC forecasts a 20% increase in sales by 2021, with the automotive industry showing more and more needs for chips.

TSMC forecasts that the problems in the processor market will continue, at least until 2022, with the difference, however, that the situation will already begin to normalize within the current year.

With this in mind, TSMC is reportedly willing to move on increase production by 60% in 2021, in order to meet the demand that arises mainly from the automotive industry for the latest generation processors.

At the same time, TSMC announced that it will proceed with the construction of a new plant in Japan, in order to increase the production of processors. Apple remains the largest customer of TSMC, which has commissioned the construction 90 million units processors for the new generation iPhones to be presented.

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Source: Techblog by techblog.gr.

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