The automotive industry is still working through a semiconductor shortage that has caused major headaches for carmakers. Strong demand persists despite the chip shortage starting in 2020 and will likely continue throughout the rest of this year and into 2023, analysts predict.
Read more: https://www.tweaktown.com/news/88589/automotive-semiconductor-market-still-all-over-the-place/index.html
Read more: https://www.tweaktown.com/news/88589/automotive-semiconductor-market-still-all-over-the-place/index.html
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The automotive industry is still working through a semiconductor shortage that has caused major headaches for carmakers. Strong demand persists despite the chip shortage starting in 2020 and will likely continue throughout the rest of this year and into 2023, analysts predict.
Even if chip supply logistics are getting better, a temporary shift from custom-made chips towards general purpose semiconductors should continue, with Infineon Technologies and Renesas Electronics recovering through shortages in 2022. STMicroelectronics is sold out through next year, while NXP Semiconductors and Texas Instruments still seeing inventories below desired levels.
Bill Jewell, a consultant and analyst at Semiconductor Intelligence, said this in a recent blog post:
“Automakers are adjusting their just-in-time inventory models. Automakers are also working more closely with semiconductor suppliers to communicate their short-term and long-term needs. Semiconductors will become even more crucial to automakers as trends toward electric vehicles and driver-assist technologies continue.”
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.
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