Dell Technologies founder and CEO Michael Dell has warned that the chip crisis “will probably continue for a few years”.
Speaking to Handelsblatt, Dell said it would take some time before enough semiconductors were available.
He said that even if chip factories were built all over the world it took time and older chip models were as rare as hen’s teeth.
“We are talking, in particular, about components that are in the one-dollar range and are used practically everywhere. But even newer technologies are not easy to come by”, he said.
Dell’s comments come as Taiwanese president Tsai Ing-wen confirmed that the country will cooperate with the European Union to ensure a more “resilient supply” of semiconductors.
European Commissioner for Internal Market Thierry Breton previously met with Taiwanese semiconductor giant TSMC to discuss opening a fabrication plant in the region, with France, Germany, or Poland mentioned as potential locations. Breton hopes that a major factory in Europe would help the continent to become less reliant on shipments coming in from Asia, which has proven increasingly difficult due to pandemic travel and transport restrictions.
