It's a bit of a bigger problem than that.
Semiconductor makers were pretty much at capacity before COVID.
Cancelled motor industry orders were ceded to electronics components makers as their products surged during the pandemic.
There will be a shifting of supply but the backlog caused by factory shut downs won't get satisfied until supply can be improved by new factories.
Like many things highlighted during the pandemic many countries have realised their supply chain exposure and are now building their own semiconductor factories.
These aren't expected to come online until 2023.
Big car manufacturers have a lot of pull so they'll probably start to get supply soon but it will be at the cost of someone else's supply.
The really scary thing is that 50% of the worlds high end semiconductors are manufactured in Taiwan!
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It's a bit of a bigger problem than that. Semiconductor...
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