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U.S. automakers officially may be at their breaking point. In a year that has seen raw material shortages, skyrocketing lead times, ongoing complications from stringent COVID-19 protocols, port congestion, and other major supply chain disruptions, the repercussions of the recent U.S. sanctions against the sale of chips and chip-making equipment to China are now pushing…
Sometimes it’s the smallest things that have the largest impact. This is the story of the supply chain woes still being felt in the runup to the 2022 holiday season, with one of the largest struggles being the crippling supply of low-end legacy chips, sometimes known colloquially as “penny chips”. These chips can cost anywhere…
The global semiconductor and chip shortage has been an issue throughout the pandemic, and indeed was the focus of one of U.S. President Biden’s first executive orders. Such a focus appears to be continuing, as reports have emerged that the president has recently met with administration officials to discuss a potential bill to boost U.S…
If there was any hope that the electronic component and semiconductor markets are on the upswing, many of those hopes were squashed in a recent CNBC interview with Intel CEO Pat Gelsinger. According to Gelsinger, he expects the semiconductor industry to face supply chain shortages until at least 2024. Gelsinger’s comments come following the release…
In a recent announcement, auto manufacturer Toyota stated that they will now cut worldwide vehicle production by 40% in September. This will reduce their output to 540,000 vehicles, down from their planned output of 900,000. As a result, Toyota shares fell 4.4%, the largest daily drop the company has seen since December 2018. Other manufacturers…
Crisis, for someone, always breeds opportunity — although sometimes that opportunity is not what society considers ethical. One example that typically arises in global chip shortages is the radically increased numbers of counterfeit chips that find their way into designs ranging from basic consumer tech to highly specialized equipment such as healthcare devices and military…