#MarketCommentary
The ongoing chip shortage, which TrendForce believes will last until 2H22, has persisted for nearly two years, affecting such end-products as laptops, smartphones, TVs, Wi-Fi routers, smart watches, game consoles, cars, and even refrigerators and laundry machines.
TrendForce estimates the 12-inch equivalent capacity of the top 10 foundries to grow at a 10% CAGR from 2019-2023, though the current chip shortage is caused by not only constrained foundry capacities, but also a shortage of packaging substrates and testing capacities.
Ultimately, resolving the issue of chip shortage requires the support of key players throughout the entire semiconductor supply chain across downstream, midstream, and upstream sectors.
