📊Executive Summary

The global semiconductor industry is projected to continue facing a chip shortage that began in 2020, potentially extending into 2023. Despite this, analysts predict robust growth in 2022, with sales expected to reach $527 billion, a year-over-year increase of 8.8%. Major foundries like TSMC and UMC are operating at full capacity, leading to tight production conditions. The construction of 29 new microelectronics factories is planned, with significant investments in advanced fabrication equipment. This growth is expected to alleviate some supply constraints, although long-term pricing remains uncertain. OEMs and EMS providers should prepare for ongoing demand and potential volatility in lead times and pricing....