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Since childbirth started as a result of a global health emergency triggered by covid-19, various crises are related to it. Of course, the most obvious is the economic factor, which stems from the long-term closure of almost all countries in the world. These countries have reduced the income and employment sources of most people. however, In the past 15 months, due to the general shortage of semiconductor chips, several emergencies have occurred internationally.. They come and go, and produce different intensities and consequences between 2020 and 2021.Especially in recent weeks Exacerbated in the automotive industry; However, the lack of these materials affects people without exaggeration, everyone The main points of the supply chain and production chain on earth.
The problem is not small.Checking The entire industry is dependent on those industries that have to stop completely affecting most of the population, And economic integration with cross-border chains. The same way, The lack of chips in the world has very specific potential to affect consumers’ pockets (Ie we) are forced to change our habits to integrate into work, social and personal daily work because they are confined to our homes and are almost completely digitalized.
If everything seems to indicate that these crises lasted longer, Their consequences will become more and more severe; Most importantly, if we think Our lives are mediated through bargaining chips: From the car (Can use more than 3,000) Washing machines, even toothbrushes; obviously, don’t forget the computers and cell phones we glue to these days.
How do we respond to this crisis?
I tried not to talk about any crisis, because The chip shortage problem is multi-factorial. First, the semiconductor production industry is cyclical. In other words, it largely depends on the season, technology integration, and regional and international demand. In addition, This is an industry around three companies (Intel in the United States, TSMC in Taiwan and Samsung in South Korea); therefore, any asymmetry in demand will affect everyone immediately. Therefore, the shortage of these components is not new. Just 10 years ago, it was very similar to the current situation. However, the pandemic is the key to transferring the entire industry to its current state.
Initially, at the beginning of the confinement, the department’s factories were closed, affecting the production of wood chips, which in turn affected its distribution across the planet. However, since 80% of its manufacturing is concentrated in Asia (Taiwan is the first), social discipline allows the economy to reopen after a few months. There are few downtimes, and production begins to recover more or less quickly.The first bottleneck is for Start to delay the entire supply chain Throughout 2020, until 2021. However, until computer equipment sales in dozens of countries start to grow, there is no talk of the crisis. As more powerful computers must be used at home, global demand has surged to more than 11%.
Exactly not. In addition, in the past 15 months, other factors have also caused chip supply to fail to meet demand.. Sony and Microsoft video game consoles were launched during the pandemic, which made chip distribution a reality. Will concentrate in a month On those products. For example, for this reason, both companies reported that they would not be able to reach their estimated sales in the first semester of release. same, The prosperity of cryptocurrencies and systems on the blockchain has created their own power for them Bottleneck In a very expanding field. Almost finally, it is worth mentioning that with the development of vaccination campaigns worldwide, the automotive industry has experienced a brutal growth in sales in early 2021.
Now finally It cannot be ignored that the United States and China have existed in the technological cold war for several years, mainly in the demand, supply and distribution of semiconductor chips.. The manufacturing industry in the United States is closely related to the implementation of chips. however, Attempt to abandon Asian partners to crack down on Chinese production; Therefore, the supply chain of this sector in the northern part of the pond was destroyed by almost all neighbor building chips from our northern neighbors. The consequences of this geopolitical conflict are notorious in the automotive industry, because our country has fully integrated with Canada and the United States in this industry.If you add it to all of the above, we can understand why Several Mexican assembly companies will lose their jobs in May.
The most optimistic estimate points to the end of the chip shortage crisis By the end of 2021.But some people think this may continue Until 2023. And it’s impossible to simply expand the production of semiconductors. It is very expensive to organize this type of factory. Taking Samsung as an example, it sells about 56 billion U.S. dollars of chips each year, but their own consumption is about 36 billion U.S. dollars.TSMC Trying to defeat this lawsuit, This year will invest 28 billion US dollars in the factory as long as To complete your order. It is becoming increasingly difficult to produce technologies that are used in almost all equipment today. While overcoming the crisis, demand has not stopped.
This crisis will only make TVs, telephones, cars and household appliances more expensive (things that have more or less attracted attention in the market). But the matter did not end there. All vertical integration of our lifestyle is achieved through chips: The production and manufacturing of almost any product requires semiconductors. Currently, The solution to this problem is considered long-term-Invest billions of dollars in factories to increase supply, shorten supply chains in almost all industries, or stop consumption altogether.
Pear and Apple entry: Chip shortage was first published on Sopitas.com.