Taiwanese chipmaker United Microelectronics Corp (UMC), whose counterparties include Qualcomm and Infineon, among others, has predicted that the global chip shortage will continue until 2023, Reuters reported on Wednesday.
Even as sales of laptops, personal computers and smartphones fall, the shortage of chips cannot be eliminated, the company said. At the same time, there is a global increase in demand for chips from the automotive industry, manufacturers of industrial servers and in segments related to these areas.
Demand for microchips in the world contributed to the growth of UMC revenue for the first quarter of 2022 by 34.7% year-on-year to $2.16 billion. The company's gross profit for the reporting period increased by 120% year-on-year to $0.9 billion.
Recall that earlier The Register predicted a shortage of chips until 2024. A similar opinion is shared by a high-ranking representative of one of the leading chip manufacturers in the world - TSMC.