Tech

The Chip Crisis Will Continue Until The End Of 2022

Takeshi Kamebuchi, the manager of Japan-based technology giant Toshiba, announced that the chip crisis, which negatively affected many sectors, will continue until the end of 2022. Kamebuchi also stated that they will invest $545 million by 2024 to increase production.

The chip crisis, which affects almost everything that has chips in its hardware, has caused contraction in many sectors. According to Toshiba, the crisis until September of next year to be continued.

According to Bloomberg’s report, graphics cards, game consoles and many technological devices Toshiba Corp., which produces chips responsible for power management.stated that the chip crisis will continue until the end of 2022.

Some customers will not be able to meet all their needs

chip crisis

Toshiba executive Takeshi Kamebuchi told Bloomberg, “Chip supply will continue to be significantly tight until early September next year.” Kamebuchi has promised some Toshiba customers that all the necessary chips He added that it will not be available until 2023.

Toshiba has not made any announcements about customers who will have to wait. well Sony and Microsoft may not have to wait until 2023 for the chips they need. The chip needs of the aforementioned companies generally cover PlayStation 5 and Xbox X|S series consoles.

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Kamebuchi stated that the reason for Toshiba’s supply shrinkage was material shortage and the increasing need for chips. According to Bloomberg, Toshiba will continue its production as the chip crisis will continue until 2023. An investment of 545 million dollars by 2024 will try to increase the production of semiconductors responsible for power management by

Source :
https://www.ign.com/articles/chip-shortage-playstation-5-xbox-series-x-graphics-cards-toshiba