Signify: ‘End of component shortage is in sight’ | Financial

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'We have managed to use a completely different chip in some products in three months.  That would have been unthinkable in the past, says Signify CEO Rondolat.

‘We have managed to use a completely different chip in some products in three months. That would have been unthinkable in the past, says Signify CEO Rondolat.

Amsterdam – Lighting company Signify expects the shortage of raw materials and components to be solved by the end of the first half of 2022. “That’s what we’re hearing from our suppliers,” CEO Eric Rondolat said Friday morning in a commentary on the fourth quarter results.

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