Infineon boss Ploss warns of a chip crisis until mid-2022

Car production

The auto suppliers are preparing for a persistent shortage.

(Photo: Siemens)

Dusseldorf The auto industry has to be prepared for a longer dry spell when it comes to delivering chips. “The supply chain is completely empty. We live from hand to mouth, ”said Infineon boss Reinhard Ploss on Tuesday at the Handelsblatt Auto Summit 2021.“ Capacities and supply chains have to be built first. It is essential that it is missing there. The bottlenecks will clearly extend into the year 2022. “

Ploss assumes that car production and chip production will not be balanced again until the third quarter at the earliest. Instead of 90 million vehicles, only 80 million vehicles will be built and sold worldwide this year due to the lack of chips. “A mountain is building up there. It will take even longer until the pent-up demand has been dealt with, ”emphasizes Ploss.

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