Yesterday, Lu Weibing, the General Manager of Redmi announced that the global chip shortage that has affected various industries across the globe could optimistically end by the first half of next year.
His Weibo post says that the major shortage of semiconductors is not a short-term issue. The supply shortage for chips is impossible to resolve within this year. Lu Weibing believes that even if one is optimistic, the storage will only be reduced in the first half of 2021.
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If you don’t know, the world is currently facing a major supply problem of semiconductors which has affected various industries. This has also affected automobile shipments from car manufacturers as they require chips for their cars. The smartphone and home appliance vendors are facing chip supply issues as well.
The General Manager said to discuss the global semiconductor shortage in a public speech on May 26, 2021. He will also explain industry stories and conduct popular science on mobile phone chips.
Lu Weibing claimed two reasons for the current shortage of chips – First, the popularization of 5G mobile phones and the strong development of high-performance computing. Second, the prosperity of smart cars and smart Internet of Things (IoT) products have become indispensable for life.
These two major trends are so obvious as, why the supply side did not act in time, he will also explain these in detail in the live broadcast.
