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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…
The semiconductor market is experiencing a very unique time, a time where two seemingly conflicting narratives are occurring simultaneously. On one hand, global demand and sales of chips and semiconductors have never been stronger. According to IDC, worldwide semiconductor sales grew to a mammoth $464 billion in 2020, a nearly 11% increase from 2019. Even…
The COVID-19 pandemic thus far has taught us much about the weaknesses still present in the modern supply chain, but it has also taught us what is at stake should these weaknesses not be addressed. As shortages in electronic components and semiconductors continue to make headlines and be a political discussion in the U.S. and…
The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…
It is easy to view supply chain disruption in strict terms of dollars and cents, of profits made and losses accumulated, but consequences go far beyond that. Adjusting priorities and production delays is one thing, but human consequences are quite another. Such consequences can be easily seen today in automaker supply chains, which have recently…
It was not a surprise that the electronics manufacturing industry faced sizable challenges in the first quarter of 2020 following the series of global lockdowns brought on by the COVID-19 pandemic. What was a surprise, however, was the rapid demand that materialized following the market recovery near the end of the year, far outpacing supply…