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Chip supply continues to be tight throughout this year: ASMI

Benjamin Loh, CEO of Dutch semiconductor equipment manufacturer ASMI, said in an interview with Nikkei Asia that chips are also needed for the machines and equipment that make chips.

Due to a lack of parts, the company’s machine delivery was delayed, and this will in turn affect the production increase of the world’s largest chip factories. Chip supply is tight, so it’s likely to continue throughout this year.

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A few days ago, the auto industry data forecast company AutoForecast Solutions (AFS) released the latest data. As of March 20, due to chip shortages, the global auto market has reduced production by about 1.1584 million vehicles this year. 

Among them, the cumulative production reduction in the Chinese auto market has increased, reaching 70,900 units, accounting for 6.1% of the cumulative production reduction in the global automotive market.

Moreover, ASMI’s revenue in the fourth quarter of fiscal 2021 increased by 70% year-on-year to 491.3 million euros, and it expects revenue in the first quarter of fiscal 2022 to be 500-530 million euros.

Furthermore, the company forecasts that the company’s revenue will increase in the second half of 2022 as supply chain issues will persist in the first half.

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