When will the chip shortage be solved? According to the "2022 Global Semiconductor Industry Survey" released by KPMG Anhou & Associates, 56% of leaders believe the chip shortage will not end until 2023, while 42% believe the shortage will end by the end of 2022.

However, the U.S. semiconductor industry is relatively conservative, according to the report, 65% of senior executives in the U.S. semiconductor industry are conservative, believing that the imbalance between supply and demand will continue until 2023.

KPMG Anhou Jianye today (15) released the "2022 Global Semiconductor Industry Survey" to discuss the expectations of the global semiconductor industry in 2022 in terms of operations and finances, expansion of applications and products, key industry issues, and corporate focus strategies.

According to the survey report, the top operational strategy for senior executives in the semiconductor industry remains talent development and retention, with most respondents worried that technology giants will take the talent away, and about 19% of respondents view non-traditional chip developers as a serious competitive threat.

The report points out that in recent years, companies in the industry that are not in the semiconductor industry have also started to develop their own chips, making the semiconductor industry, which is already short of talent, face a greater impact. 88% of semiconductor companies expect the global workforce to increase significantly in the coming year, so talent development and retention strategies are very important.

The report mentions that the geopolitical factors of most concerns to global industry professionals are, in order, Taiwan's important position in the global semiconductor industry supply chain, the nationalization of chip technology and intellectual property rights, and tariffs and constantly updated trade agreements. The issue of talent shortage not only affects the semiconductor industry, but if the shortage continues, the semiconductor industry may also turn to other technology industries to compete for talent.

The survey also found that despite the supply chain challenges facing the global semiconductor industry, industry leaders' confidence in their finances and operations is at an all-time high, with as many as 95 percent of leaders expecting revenue growth in the coming year and more than a third (34 percent) expecting their revenue to rise by more than 20 percent.

The survey noted that nearly 90 percent of industry leaders believe their global workforce will grow in 2022, with the percentage of leaders predicting growth increasing by nearly 40 percent from last year.

Lincoln Clark, a global semiconductor industry leader at KPMG, said the semiconductor industry is still expected to generate more than $600 billion in record revenue in 2022 despite supply chain and talent headwinds, and confidence in industry growth is likely to continue to grow in the coming years as economic pressures subside.

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