- Asked whether supply chain issues with regard to semiconductors have been resolved, ABB's Peter Voser said that he believes the worst of the chip supply crunch has subsided.Asked whether supply chain issues with regard to semiconductors have been resolved, ABB's Peter Voser said that he believes the worst of the chip supply crunch has subsided."This was a real shortage on semiconductors, which affected us a lot because clearly when you're in electrification automation and robotics, one of the key components is semiconductors, and we are using quite complex ones, so therefore Taiwan is very important but also Chinese semiconductors," he added.In the semiconductor space, slowing economic activity has helped balance out the shortage as a rise in the cost of living resulted in a softening of demand from consumers for pricey chip-equipped goods, according to Voser.Its chipmaking prowess is the envy of many developed Western nations, which are taking measures to boost domestic production of chips."