India says it can become the world's largest semiconductor manufacturing location in the next 4-5 years, "if you have the right ecosystem in place", according to Ashwini Vaishnaw, Minister of India's Electronics and Information Technology Union. “We know for sure that...
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Analysts report improvement in chip lead times
Mar 20, 2023
Lead times — or the time it takes between placing an order and it being fulfilled — for the industry contracted for the ninth month in a row, another indication that we are exiting the pandemic-triggered chip shortage of about two years, reports Susquehanna Financial analyst Christopher Rolland.
“Overall LTs are now approximately four weeks below record highs set in May,” Rolland said, adding that while lead times for broad-based suppliers like Microchip, Texas Instruments Inc. (TXN) and NXP Semiconductors NV (NXPI) “are coming down fast,” those for STMicroelectronics NV (STMPA.FR), Infineon Technologies AG , and ON Semiconductor Corp. (ON) are “more stable.”
Rolland suggested an early exit from the inventory glut situation by reporting “the acute portion of the semiconductor downcycle for the handset, PC and consumer end markets has passed”.
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