Infineon says chip shortages will continue until 2023

The shortage of chips has long been a hot topic. Although it has been going on for more than a year, it seems that there is no sign of ending in the short term. As for how long it will continue, industry giants have their own opinions. Peter Schiefer, global president of Infineon’s automotive electronics division, said in an interview recently that the chip shortage will continue until 2023 before the related problems can be resolved.

In order to meet the growing demand in the market, Infineon is also planning to expand its production capacity. Last year, a wafer fab, which invested 1.6 billion euros, was officially put into use. Infineon’s new fab in Villach, Austria, is one of the largest projects in the sector of European microelectronics, and the project is three months ahead of schedule. It is also one of the most modern factories in the world, relying on full automation and digital operation, artificial intelligence solutions will be used for predictive maintenance, through a large amount of data and simulation, to assist production management, know when maintenance is required.