While the semiconductor industry has achieved great successes in 2021, it also faces significant challenges. Chief among them is a widespread global semiconductor shortage. Unanticipated rising demand for semiconductors needed during the pandemic response, coupled with significant fluctuations in chip demand for other products such as cars, triggered a rippling supply-demand imbalance felt across the world. The semiconductor
industry has worked diligently to increase production to address high demand, shipping more semiconductors on a monthly basis than ever before by the middle of 2021, but most industry analysts expect the shortage to linger into 2022.
Read the full report here: 2021-SIA-State-of-the-Industry-Report.pdf (semiconductors.org)