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Chip Shortage Might Turn Into Market Saturation, Analysts Worry

By AutoEvolution

August 5, 2021

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The global chip shortage is far from over, and analysts have several outlooks regarding its evolution. While some estimate that the chip shortage will outlast the International health crisis, other analysts warn that it could lead to market saturation in the near future.

In other words, while automakers and electronics producers have suffered from the shortage of microchips starting last year, a crisis that continues in various forms for all parties involved, their supply specialists ordered excessive microchips for future production. Today, that is not an issue, as there is still a shortage of these vital components.

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