NEW YORK: The amount of time it’s taking for chip-starved companies to get orders filled stretched to 21 weeks in August, indicating the shortages that have crippled auto production and held back growth in the electronics industry are getting worse.
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by six days to about 21 weeks in August from the previous month, according to research by Susquehanna Financial Group.
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