According to market analyst Susquehanna Financial Group, the global average chip lead time (the time it takes for a chip to go from ordering to delivery) was 27 weeks in June, down from 27.1 weeks in May and the same as 27 weeks in April, a sign that troubled automakers. Chip shortages for manufacturers and other industries eased slightly for more than a year.
Susquehanna said that the main data or forecast data shows that some chips have a lead time drop of up to 45%, and the chips with greatly reduced lead time are MCU, power management chip and memory chip. Delivery times for field programmable gate arrays (FPGAs) remain at 52 weeks, the report shows, the longest lead time and possibly the most constrained segment of the entire ecosystem. Susquehanna added that the shortage of FPGAs affects networking, optics and communications equipment.
Chip supply bottlenecks have hit Toyota, Apple and others. The companies lost billions of dollars in revenue because they couldn't get enough semiconductors to meet product demand.
Semiconductor sales are forecast to grow by 13% in 2022. But semiconductor sales growth in 2022 remains at risk due to a downturn in the PC and smartphone industries and forecasts of a recession.
