Watch: How today’s chip shortage could help the automotive supply chain flourish in the long run
The semiconductor crisis has caused millions of units in lost production but is also pointing the way towards a more fruitful relationship between OEMs, tier-1 suppliers, foundries and chip producers globally, especially as more electronics are added to future vehicles.
Even as shortages of semiconductors, including microprocessors and controllers, cause more OEMs are to suspend vehicle output, the crisis is revealing opportunities for a strategic realignment of the automotive electronics and chip supply chain. Leading experts from semiconductor foundries and the chip industry point out that carmakers and tier-1 suppliers are now getting closer to this critical supply chain both from a planning, inventory and design point of view. While long supply and production lead times mean that current shortages will still take some time to be resolved, in the long term the automotive supply chain could be much stronger as a result of better understanding of which chips more integrated planning and coordination. That will be essential, especially as the number and value of chips in vehicles is set to growth further.
Mike Hogan, Senior VP & GM of the Automotive, Industrial, and Multi-Market Business Unit at GlobalFoundries
Bettina Weiss, Chief of Staff and Global Smart Mobility Lead at SEMI
Jérémie Bouchaud, Director, Autonomy, E/E & Semiconductor at IHS Markit
Moderated by Christopher Ludwig, Editor-in-Chief at Automotive Logistics and Ultima Media
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