Fitch "Shortage of chips in mid-2021, improvement in 2022"

According to the September 13 news, the delta mutant mode is expected to continue to affect chip production in Asia, and not enough will increase further. Global chip supply is also expected to improve overall by mid-2022 with the start of new capital developments, and there will still be shortages until mid-2023. Given the complexity of developing new and demanding technologies for semiconductor companies to negotiate with government, it will take years to translate budget plans into more productive ones. The governments of Germany, China, South Korea and the United States will provide political support and encouragement to promote the diversification of global chip products, but the market will not be completely reduced to total dependence on -vis of Asian production. (Ten of gold)