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RSS FeedsiPhone assembler Foxconn warns chip shortages could extend to Q2 2022
(iMore iPhone)

 
 

14 may 2021 15:57:19

 
iPhone assembler Foxconn warns chip shortages could extend to Q2 2022
(iMore iPhone)
 


What you need to know Foxconn Chairman Young Liu says the current chip shortage could last for a year. It isn`t thought that things will improve before the second quarter of 2022. And Apple isn`t immune. Apple manufacturing partner Foxconn reported its quarterly numbers recently and while the company boasted bumper profits, it isn`t all good news. In fact, the worldwide chip shortage that is currently causing manufacturing problems for just about everyone could extend into Q2 2022. That`s according to Foxconn Chairman Young Liu via a Bloomberg report published earlier today. `Component shortages in the second quarter will be more severe than the first quarter,` Chairman Young Liu said on a conference call. He reiterated previous comments that shortages may persist until the second quarter of 2022 and that the impact on its businesses won`t exceed 10%. Things have gotten so bad that Foxconn is warning that some parts now have a lead time of a full year, with semiconductors...


 
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