The semiconductor shortage we are experiencing and making it difficult to find affordable electronic products shows no signs of abating according to the industry itself. The shortage is expected to last into the second half of next year and now a worker shortage looms.
A report by IPC International revealed that only 10% of companies see that their inventory is recovering, but four out of five have difficulty finding qualified labor, with the addition that 90% have seen how the costs of raw material has increased. For the next 6 months, no changes are expected in the stock, and to that is added that labor costs are expected to increase.
Materials in production cost more and more
According to TechRadar, the so-called driver shortage “is no longer really a shortage, it could turn out to be a systemic deficit.” They know that production will increase as soon as Intel, TSMC and Samsung finish building their new factories and foundries, but they believe that would meet current demand rather than growing demand – provided they can find the necessary labour, which they are increasingly struggling to obtain.
Just under half of those surveyed in the report say they are training their workforce to fill these gaps, and nearly as many are raising wages to try to attract more skilled workers to cope with the shortage. But those measures would only meet the demand for components today, not that of several years from now.
Demand for semiconductors is expected to rise above current levels and manufacturers will have to respond to worker shortages. This could mean an increase in the improvement of working conditions, in terms of hours, conditions and better clauses. It is not the only sector in which there is a shortage of workers because the service sectors of the United States and the United Kingdom require workers for tens of thousands of jobs.
Source: TechRadar
