The demand for automotive semiconductors is still high, and the related chip shortage is expected to affect until 2023.

(Bloomberg)

[Financial Channel/Comprehensive Report] Even if the market demand for electronic products declines and the semiconductor industry faces inventory adjustments, it is estimated that the shortage of automotive chips in 2023 will continue to affect the global auto industry due to the accelerated transformation of global automakers towards electric vehicles.

Jochen Hanebeck, CEO of German semiconductor manufacturer Infineon, also pointed out that there will be a long-term shortage of automotive chips, which is undoubtedly bad news for the automotive industry; Hassane El-Khouy also said that due to the strong demand, the company's silicon carbide (SiC) production has been sold out at least by the end of 2023, and a production expansion plan is currently being drawn up. It is estimated that the production capacity will increase by 30% next year.

Please read on...

The high demand for automotive electronics stands in stark contrast to suppliers such as TSMC, Intel and Samsung, which provide chips for electronics.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news