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Chip Shortage in Automotive & Industrials Despite Lower Demand for Semiconductors

12 Nov 2022, 13:30 IST12 Nov 2022, 13:30 ISTRelevance: 85%
Chip Shortage in Automotive & Industrials Despite Lower Demand for Semiconductors

📊Executive Summary

The article discusses the ongoing semiconductor shortage affecting the automotive and industrial sectors, despite a decline in demand for consumer electronics. It highlights that older-generation semiconductors, particularly analog chips and microcontrollers, remain in short supply, which poses challenges for manufacturers in these sectors. The article also notes that while there is an oversupply of newer chips, the structural shortage of older chips is expected to last several years. Companies are advised to rethink their inventory management and adopt proactive procurement strategies to mitigate risks associated with this duality in supply and demand....

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Classification

Industries

Automotive
Industrial & Manufacturing

Components

Semiconductors & ICs

Regions

United States

Topics

Semiconductor
Supply Shortage
Demand Shift

Risk Categories

Supply Shortage
Lead Time Increase