On CEO Says Chip Supply Balance May Return in 2021
On Semiconductor expects chip "supply and demand to get back in balance when demand stabilizes later this year,” CEO Hassane El-Khoury told a Q1 call Monday. The higher “velocity” of increased demand will begin to “subside” in 2021's second half,…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
“but will remain at a very healthy level,” he said. “We expect supply and demand to get back in balance when demand stabilizes later this year.” He conceded Q1 revenue of $1.48 billion “could have been higher if we didn’t have constraints in a perfect world.” That's a 16% year-over-year rise.