Qualcomm CEO says shortage of older chips likely to ease sooner
SHENZHEN, China (Reuters) – Qualcomm Inc CEO Steve Mollenkopf acknowledged he is “seeing enchancment” in efforts to ease chip shortages which have precipitated disruptions all through a quantity of industries, and that demand for older chips is simpler to reply to.
Demand has soared for chips in newest months, with panic purchasing for extra squeezing functionality and driving up costs of even essentially the most reasonably priced elements of virtually all microchips.
“There’s a functionality for the market to reply additional quickly to some of the older nodes than the newer nodes, so counting on the product, you may be prepared to get some enchancment,” Mollenkopf acknowledged, speaking by way of videolink on the China Development Forum in Beijing on Saturday.
Speaking within the an identical panel, president and CEO of Micron Technology Inc Sanjay Mehrotra acknowledged the chipmaker would objective to enhance its present in accordance to …