Nokia CEO Says ‘Fight’ for Semiconductors May Drag On Until 2023
- Says shortages absorbing management time at networks maker
- Risk is delay to rollout of fifth-generation mobile systems
This article is for subscribers only.
The global shortage of semiconductors that’s plaguing automakers, data center owners and electronics manufacturers has turned into a “fight” that risks dragging on until 2023, according to the chief executive of Nokia Oyj.
“There’s a fight going on. The shortage in general in the market could continue a year or even two,” Pekka Lundmark said in an interview on Thursday. “This is not going to go away anytime soon.”