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Chip shortage to ease next year, says Qualcomm CEO

San Francisco: Amid the global chip shortage, Qualcomm CEO Cristiano Amon said the chip shortage is gradually decreasing and the situation is expected to improve next year.

According to The Elec’s website, Amon said that supply has improved this year compared to 2020 and that the situation is expected to improve further in 2022, especially compared to 2020.

Multiple smartphone makers were unable to purchase enough Qualcomm processors, affecting their production, the report said.

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Samsung was no exception, as mobile chief TM Roh and purchasing managers visited the US mid-year to meet with chip companies to secure more supplies, it added.

Qualcomm unveiled its new Snapdragon 8 Gen 1 processor for smartphones this week.

The chip is made by Samsung Foundry using the 4-nanometer node.

The new chipset, equipped with the very latest 5G, AI, gaming, camera, Wi-Fi and Bluetooth technologies, will be adopted by global OEMs and brands, with commercial devices expected by the end of 2021.

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