"Cyclically, with so much labor and education shifting online, the pandemic has unleashed strong pent-up demand for electronic products." It's not "pent-up" de

"Cyclically, with so much labor and education shifting online, the pandemic has unleashed strong pent-up demand for electronic products." It's not "pent-up" demand, it's new demand. It would be "pent-up" if people hadn't been allowed or able to purchase before, but now they are. The shifting of labor and education online, if it is a major factor at all, would be creating new demand. "The stockpiling that we saw in 2021 has also resulted in transportation bottlenecks." There are many reasons for the transportation bottlenecks, but stockpiling is a best a minor one, and more likely not really a reason at all. If anything, it works the opposite way, with transportation bottlenecks resulting in stockpiling, as buyers know they cannot assume it will always be available to buy Just In Time. "Structurally, electrification, such as the mass production of electric vehicles, and digitalization need semiconductors, mostly of the high-end variety..." Vehicles, in particular, need a lot more semiconductors that are _not_ "high-end", which is why Intel couldn't use its spare capacity to help out the auto industry as much as they wanted to; their fabs were actually too modern to make the higher-voltage, larger-dimension semiconductors that the auto industry needed, mostly made in older fabs. Ok, three factually inaccurate statements in a row, I am giving the rest of the article a pass.