Chip Shortage ‘Not Going Away Anytime Soon’: QuickLogic CEO
QuickLogic’s final assembly lead times are stretching to six months or more, from what “used to be a six- to eight-week turnaround,” said CEO Brian Faith on an earnings call Wednesday for fiscal Q3 ended Oct. 3. The supplier of…
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voice-enabled SoCs and field-programmable gate array components is “countering some of the delays by leveraging our inventories of substrates and finished materials,” he said. “This issue is not going away anytime soon, so we may need to build additional inventory ahead of customer shipments to minimize risk.”