The current chip shortage situation has been described by industry observers as one of the worst to hit the E&E industry. He envisaged that the current chip shortage crisis will continue into 2022 and set to normalise only by year-end. The group is built to order with about four to eight weeks lead time. The figure fluctuated, reflecting the global chip shortage situation, added Nambiar. He also pointed out that many E&E companies were expecting the chip shortage to impact their revenues by at least 10% in 2021.

Source: The Star December 26, 2021 23:07 UTC