US Commerce Department Says Chips Shortage to Persist, Will Review Some Pricing

US Commerce Department Says Chips Shortage to Persist, Will Review Some Pricing
The seal of the Department of Commerce is pictured in Washington, on March 10, 2017. Eric Thayer/Reuters
Reuters
Updated:

WASHINGTON—The U.S. Commerce Department said Tuesday a global survey of semiconductor chip producers and users shows a shortage will persist, sparked primarily by wafer production capacity constraints.

The voluntary survey of 150 companies last fall in the supply chain confirmed, “there is a significant, persistent mismatch in supply and demand for chips, and respondents did not see the problem going away in the next six months.”