03 Feb 2023 -
 General

Global foundry capacity needs to double in the next decade

semiconductor manufacturing is working through backlog

The world will need to double the foundry capacity in the next ten years to accommodate digital transformation and the Internet of Everything (IeE), according to Qualcomm CEO, Cristiano Amon.

“One of the biggest supply chain crises we have had is in chips, but also it’s because of something else; chips are now going everywhere. The percentage of digital in the economy is significantly higher. Virtually everything that’s being built now requires chips,” said Amon to The Verge.

He says it is a good thing for the industry that TSMC and Samsung invest and set up factories in the United States.

“No matter which region it is manufactured in, diversification of supply sources is very important, and we need to create a flexible supply chain,” Amon said.

Amon also revealed that Qualcomm is currently making great strides in emerging markets such as automotive chips and has cooperated with almost all car manufacturers.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

29 Feb 2024 - General

Electronics industry optimistic: bright start to 2024

Read more

26 Feb 2024 - General

India’s WTO stance raises concerns for chip industry growth

Read more

22 Feb 2024 - General

Electronics manufacturers cautious but optimistic despite recession fears

Read more

21 Feb 2024 - General

Hidden threat: counterfeit hardware infiltrates 80% of computers

Read more

15 Feb 2024 - General

Chip rush: Global scramble for semiconductor supremacy

Read more

13 Feb 2024 - General

Foxconn faces semiconductor shortage amid ‘AI chip race’

Read more