The car industry might build around 5m fewer vehicles this year, because of the lack of its tiniest component. But there are also encouraging signs, despite the supply crisis
Carmakers are not the only firms feeling the pinch. Apple and Microsoft have also warned that they will be affected. Politicians are being drawn in, too. Chips will be on the agenda later this month when America’s vice-president, Kamala Harris, visits Vietnam, which has a flourishing electronics industry. Angela Merkel, the outgoing German chancellor, has lamented Europe’s small share of global chip production.
The crisis has had three consequences, two encouraging and one less so. The first is an investment boom. Big producers such as Intel, Samsung andare planning to spend hundreds of billions of dollars on extra capacity over the next few years. As in many markets, high prices are the best cure for high prices.
The unpleasant experience of being the supplicant rather than the boss has prodded carmakers to take tighter control over supplies of vital components. Following in the tyre-treads of Tesla, Volkswagen has announced plans to develop driver-assistance chips in-house. Other firms are forging closer relationships with chipmakers. Toyota, a Japanese firm, has weathered the shortage relatively well, partly because it was slower to cut orders when the pandemic hit.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The chip shortage is a self-solving problemChipmaking is a cyclical business which, between the peaks and troughs, has been enjoying strong growth for decades. Governments should resist any calls for subsidies
Consulte Mais informação »
Roku Pays to Be a PlayerRoku’s ad business delivers, but the company needs to get enough devices in front of the eyeballs that advertisers are paying to reach. WSJheard explains. WSJWhatsNow
Consulte Mais informação »
Teacher shortage likely worsened by the pandemicAmerica is facing a teacher shortage, with 1 in 4 teachers saying they're likely to leave the profession by the end of the year. katerogers joined SquawkCNBC to discuss.
Consulte Mais informação »
Levi Strauss Buying Beyond YogaThe jeans giant is taking on the athleisure market with Chip Bergh’s first acquisition as CEO.
Consulte Mais informação »
Three Practices To Help You Adapt, Thrive And Stay Relevant In The Hybrid Work WorldThree Practices To Help You Adapt, Thrive, And Stay Relevant In The Hybrid Work World
Consulte Mais informação »
The Awareness Acceptance SpectrumHere's what we need to do to spread more equity, inclusiveness and self-actualization.
Consulte Mais informação »