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Infineon Sees End of Microchip Shortage in 2023

The manufacturing process inside the new Infineon Technologies AG chip factory in Villach, Austria.

The manufacturing process inside the new Infineon Technologies AG chip factory in Villach, Austria.

Photographer: Akos Stiller/Bloomberg

German semiconductor manufacturer Infineon expects shortage of its core product to be over next year, with the situation improving in summer.

“I assume that we will be able to cover demand well in 2023,” the head of Infineon’s automotive unit, Peter Schiefer, told trade journal Automobilwoche. “Last issues will be resolved in 2023.”