Auto dealer DT Dobie expects a shortage of semiconductors that are used in cars to ease by the second half of 2022.
DT Dobie Managing Director (MD), Chris Ndala, predicts the shortage to subside as production improves.
From the third quarter of 2021, the vehicle assembler has been battling chip problems, exacerbated by tough lockdown measures that were imposed in producing countries such as China and Taiwan.
“Is this crisis over? Is not yet over. When are we going to see the light at the end of the tunnel? We are looking at the second half of next year, and this is valid for all the brands. Second half of next year, we think that the supply will be back to normal,” said Chris Ndala.
Chip is an important component in vehicle, fridge, TV, and radio manufacturing. They are the brains of many gadgets, allowing them to store or transmit data seamlessly.
When major economies such as China and USA imposed tough lockdown measures last year, a number of chip makers cut production, hampering supplies.
Immediately the restrictions were lifted, demand for the products went up, disrupting the global supply chain after demand outpaced supply.
Ndala added scarcity has impacted the assembly of brands such as Volkswagen. He, nonetheless, said that they keep receiving the stock in bits and pieces.
Read also; DT Dobie Issues Redundancy Notice.
