25 Feb 2021 -
 General

Porsche slowed by semicon shortages; GM thinks the worst is over

Porsche CEO Oliver Blume said in an interview with CNBC that the global semiconductor shortage may affect the company’s operations in the next few months.

Oliver Blume told CNBC: “The entire semiconductor industry is affected by the huge demand for consumer electronics and the accelerated recovery of the automotive industry. We may be affected every day, so we will pay close attention to what we can do in the coming days and months. We must relax in the short term and look for long-term measures.”

Analysts said that the chip shortage has had a particularly serious impact on the auto industry, because the auto industry has been relying on just-in-time supply strategies for decades to save capital.

When asked whether Porsche will be forced to reconsider the supply model, Oliver Blume answered in the affirmative.

More positive news came from General Motors, whose senior executives recently told the media that the global chip shortage is beginning to improve and they are confident that they can achieve their annual profit targets.

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.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

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

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