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Nokia CEO: global chip shortage will continue until 2023

On April 30, according to media reports,

Nokia CEO Pekka Lundmark said that the global semiconductor shortage that plagued automakers, data center owners, and electronics manufacturers has evolved into a “battle” that may be delayed until 2023.

Pekka Lundmark said that there is a battle in progress, and the global semiconductor shortage may last for a year or even two years. This situation will not disappear in the short term.

Earlier, Lu Weibing, president of Xiaomi Group China and general manager of the Redmi brand, revealed that the chip is too short this year, it is extremely lacking.

It is reported that since the second half of 2020, the shortage of chips has become the top issue in the mobile phone industry. While the shortage of chips has also led to the lack of stock and price increases in the entire industry chain, including upstream related products such as materials and equipment.

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Analysts said:

At present, mobile phone processors, PMIC power management chips, and MCU microprocessor chips are all out of stock. From the perspective of the overall lack of stock in the market, the lack of stock will not be resolved in a short time.

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Nokia CEO: The global chip shortage will continue until 2023

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