CES/industry association: End of the chip crisis in sight

LAS VEGAS (dpa-AFX) – The global chip crisis, which has severely hampered important economic sectors in recent years, will be overcome in 2023 according to estimates by the leading US electronics association. “The huge demand from the pandemic times is decreasing,” said Steve Koenig, chief market researcher of the CTA association, at the start of the CES technology fair in Las Vegas. This is initially good news, because chips are finally available again.

The excessively long lead times would slowly return to normal, also because more production facilities started operations. For the industry, however, this could also be a harbinger of problems: “We will develop from a chip shortage to a possible oversupply.”

On Tuesday (local time), Koenig warned against dismissing the much-discussed metaverse as a quirk of Facebook founder Mark Zuckerberg. “For me, the Metaverse is the next generation of the Internet,” said the manager of the CES organizer.

On the one hand, the metaverse refers to a digital and interactive environment that can be entered with virtual reality glasses. In it, users can work, play, meet or shop as avatars. The metaverse also includes applications in which digital information is displayed in the real field of vision of the user – the so-called “augmented reality”.

Among other things, Koenig referred to the activities of Sony. The Japanese electronics giant announced before the CES that the new virtual reality glasses Playstation VR2 will soon be on the market. Also at CES, automaker Stellantis and Microsoft introduced a showroom in the Metaverse. And a company called OVR is demonstrating a solution for conveying scents in the metaverse./chd/DP/mis

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