With the ever-increasing global chip shortage, smart TVs productions could be the next thing to be impacted. Samsung TVs make about 20% of the market. Now, this tech giant has warned that in case we are unable to find any sign of improvement in this shortage, it “may not be possible to produce” the devices.
Chip shortage has considerable impacts on PC hardware, phones, accessories, and game consoles. It also came with detrimental effects within industries like vehicles and home electrical appliances such as smart TVs productions.
The head of Samsung Electronics’ visual display business, Han Jong-hee, while speaking to reporters in South Korea, warned that “the industry, in general, is facing a severe supply shortage,” and that if the issues keep persisting, the company “may not be able to produce TVs.”
“We are doing all we can to prevent problems,” the exec added.
Many sources claim that Han recently visited Taiwan to meet local chipmakers, Novatek and MediaTek which manufacture components like driver integrated circuits for Samsung TVs. He told that company’s supply will continue at least for the year ongoing but the reports that the circumstances will show no improvement until 2023, raised the concern of the Korean company.
Even with the shortage issues, Han said production for Samsung’s 146-inch Micro LE
D TV was in full operation. The production line will expand once the 110-inch version disclosed in December launches. The Television will also be coming in 70-inch and 80-inch sizes.
Samsung could make about 20% of the smart TV market in 2020, ahead of second-place LG which made about 12.2%, while its revenue share was recorded near 31%.