The chip industry is growing much more slowly than experts predicted back in the spring.
(Photo: dpa)
Munich, Beijing The rocketing rise of the chip industry is history. Market researchers at Gartner forecast in a study published this Wednesday that sales worldwide will only increase by a good seven percent this year. That’s about half what the US company had predicted in the spring. In 2021, revenues have skyrocketed by more than a quarter.
“The market is cooling down,” says Gartner analyst Richard Gordon, “and the chip shortage is slowly coming to an end.” In view of the high inflation, the Ukraine war and the lockdowns in China, consumers are spending less money on computers and smartphones than expected.
Not all of the semiconductor manufacturer’s customers who are plagued by the long order periods can breathe a sigh of relief. Because the supply chain remains fragile, and the chip types that are in demand in Germany will remain scarce at least until next year.
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