Qualcomm Warning Shows Semiconductor Shortages Are Spreading
Bloomberg
2/4/2021
Ian King
(Bloomberg) -- Qualcomm Inc., the world’s largest smartphone chipmaker, warned it is struggling to meet demand, signaling that a global semiconductor shortage is spreading.
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“The shortage in the semiconductor industry is across the board,” said incoming Chief Executive Officer Cristiano Amon.
Like most chipmakers, Qualcomm outsources production to companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. These suppliers are trying and so far failing to adjust to a vigorous rebound in demand. The auto sector has complained about this recently, but Qualcomm’s comments show the problems are broader.