Global Auto Chip Shortage: Challenges, Opportunities and Implications for OEMs
Under the ‘Made in China 2025’ scheme, more chip designers have been rolling out new products, hoping to replace their foreign counterparts in the local supply chains.
You can get the full report here.
Since the SARS-CoV-2 virus spread around the world, consumption patterns in the locked-down economies have changed significantly, while many supply chains have seen unprecedented disruption, with the automobile industry being particularly affected. Now, some OEMs are facing a chip shortage. Among the largest of them, Volkswagen and General Motors were hurt the most, with FAW-Volkswagen announced a 30% production cut in Q2 on May 20, 2021. Though Toyota, for instance, cut production at three lines at two plants in June, by an estimated 20,000 units; the Japanese car maker seems to remain rather safe and sound.
This report provides a full picture of when and why the shortage started, how it has impacted the auto industry and when it is expected to be over. It also includes practical recommendations to OEMs on how to prepare for the next supply chain challenges.
At a glance
The report is divided into four parts.
‘A taste of the auto semiconductor supply chain’
It’s hard to talk about chip shortage without knowing the basics of the auto semiconductor supply chain. The latter is highly complex and fragmented. It is, in many ways, like that of other chips but, due to the multi-tier supplier system, is somewhat longer.
Four factors triggering the chip shortage
There are four major factors that have brought us to the current shortage, namely — cyclical issues, suspension driven by the pandemic, the inferiority on the production and black swan events.
Core microdevices lacking
This session focuses on MCUs, a group of semiconductors commonly used and in especially short supply at present. It also estimates the impact on global car sales and brings the newest insights on how CEOs evaluate the issue.
How to solve current supply chain problems
Companies are dealing with the chip shortage in different ways. Here, we discuss some short-term and long-term remedies for such problems.
For more details, you can get the report at EqualOcean.com, or access it through other platforms like Bloomberg Terminal (wire ), or Refinitiv.
Originally published at https://equalocean.com.
