Toshiba warns chip crisis to last through 2022

Japanese electronics giant offers fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages

Car makers and game console producers are struggling with low supplies of power chip components.

Japanese electronics giant Toshiba has said it won’t be able to meet demand for power-regulating chips for another year and, in certain cases, through the end of 2022, offering a fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages.

“The supply of chips will remain very tight until at least September next year,” said Takeshi Kamebuchi, a director in charge of semiconductors at one of the company’s units.