24 Oct 2022 -
 General

Chip shortage to squeeze auto industry into late 2023

automotive interview

“We’re seeing a lot of automakers say they’re not sure about supply until the second half of 2023,” says Flavio Volpe, President of the Canadian Automotive Parts Manufacturers’ Association, in an interview with Financial Post’s Larysa Harapyn about how chip shortages will squeeze the auto industry into late 2023.

“I don’t see us being at the level we need to be at until the second half of next year,” said Volpe, adding that manufacturers are having to prioritize some vehicles over others.

Watch the full video here

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

10 Jul 2024 - General

Counterfeit GPUs on the Rise: A Growing Concern for the Electronics Industry

Read more

09 Jul 2024 - General

DRAM Prices Skyrocket Amidst AI Boom and Production Shifts: A Deep Dive into the Memory Market

Read more

08 Jul 2024 - General

US Government Invests in Semiconductor Workforce to Combat Looming Talent Crisis, But Challenges Remain

Read more

07 Jul 2024 - General

Semiconductor Manufacturing Equipment Sales Expected to Explode

Read more

05 Jul 2024 - General

US attracting ‘insane’ money into building chip manufacturing

Read more

04 Jul 2024 - General

Vietnam: caught in the crossfire of US-China tech rivalry

Read more