By ‘normal’ Chery means a usual chip stock, and a maximum of three months waiting time to replenish components. Currently, the Franco-Italian chipmaker can only meet 70 percent of the demand. According to Chery, that should grow to 85 to 90 percent this year. Unlike many chipmakers, STMicroelectronics manufactures its own semiconductors, important components in lots of chips. The company manufactures parts in Europe and Asia, and the parent company is located in the Netherlands.
At the moment many large manufacturers are struggling with a shortage of chips due to the corona pandemic, including AMD, Intel, Sony and Microsoft. Earlier, companies such as Intel, IBM and TSMC also indicated that they also expect the shortage to last until 2023.
