SMART TEXTILE MANUFACTURERS TO BENEFIT FROM RECOVERY OF SEMICONDICTOR SUPPLY CHAINS
November 22nd, 2022
Smart textiles manufacturers affected by the shortage of electronics for their products may receive respite in 2023 as global supplies of components increase, even if some disruption of production and supply chain lingers.
According to 2022 research by US investment bank J.P. Morgan, the global shortage of semiconductors, a key component of smart textiles is “nearing the end” as more chips have become available in the second half of 2022, although not all available microchips will satisfy niche demands, including those needed for smart textiles (1).
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