![]() ![]() This finding and more (see below) highlights how the chip shortage will alter technology-and tech jobs-for years to come. The study found 64 percent of the global engineers polled say their companies are increasingly designing products based on the availability of components, rather than just following their preferences, regardless of availability. The lack of chips is already fueling changes in the design of future products, delaying the next generations of devices, and forcing engineers to come up with all manner of Plan Bs, according to a new survey from Avnet. So the shortage isn’t just affecting the availability of current gadgets. Yuh-Jier Mii, R&D chief at the world’s largest contract chip manufacturer, Taiwan Semiconductor Manufacturing Corp., recently told Spectrum he personally believes it will take two to three years to get enough new fabrication facilities on line to adequately address the shortfall. COVID gets a lot of the blame-and it sure didn’t help-but the fact is, the proliferation of gadgets in everyday life had been a slow-moving train that was long on track to disrupting the semiconductor supply/demand balance. The global chip shortage’s effect on current products is clear in just about every consumer market in the developed world, reflected in half-empty car dealerships and shuttered manufacturing lines.
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