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Semiconductors

Chip glut to last most of 2023 while automotive crunch persists

Inventory of memory, other semiconductors have swelled amid tech slump

An oversupply of semiconductors for data centers will likely last through the first quarter of this year, analysts say. (Photo by Kosaku Mimura)

TOKYO -- The semiconductor surplus that emerged in the second half of last year is not expected to ease until at least autumn, according to industry analysts, although a shortage impacting the automotive industry will likely remain throughout the year.

The supply glut in memory chips is especially pronounced for smartphones due to a drop in demand for the devices.

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