19 Jul 2022 -
 General

GM expects chip shortage will go into 2023.

automotive electronics

Parts and chip shortages “will go into ’23,” said GM CEO, Mary Barra, in a recent CNBC appearance. “We’re dealing with it on a weekly basis.”

Barra admitted that General Motors didn’t finish 95,000 cars in the second quarter of 2022 because of a lack of parts.

Like many other industry leaders, Barra is looking for assistance from government to secure long–term supply chains “It’s so important that we get chip manufacturing in this country,” added Barra. “The CHIPS Act is so important.”

In the same week, more than 100 top executives representing companies in the U.S. electronics manufacturing industry are urging the U.S. Congress to address critical shortcomings in the printed circuit board (PCB) industry and the entire U.S. electronics supply chain.

The letter, organized by IPC, a global electronics manufacturing association, urged all members of the U.S. House to support H.R. 7677, the Supporting American Printed Circuit Boards Act of 2022, which would incentivize purchases of domestically produced PCBs as well as industry investments in factories, equipment, workforce training, and research and development (R&D).

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

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