Pandemic related lockdowns have driven global demand for consumer electronics through the roof as people stock up on home office and entertainment supplies. This unanticipated explosion in demand has left the consumer electronics supply chain scrambling to keep up. Semiconductor foundries have orders backed up through 2021. As a consequence, automotive companies have been forced to cut production output and shut factories. The chip shortage is spreading to all consumers of chips for computers, mobile and gaming devices. Government officials in Germany and the US have been lobbying the Taiwanese government to help secure supply to minimise economic damage. TSMC has been working to ensure their automotive customers aren’t hung out to dry.
Semiconductor Shock, Rationing and Escalation
Semiconductor Shock, Rationing and Escalation
Semiconductor Shock, Rationing and Escalation
Pandemic related lockdowns have driven global demand for consumer electronics through the roof as people stock up on home office and entertainment supplies. This unanticipated explosion in demand has left the consumer electronics supply chain scrambling to keep up. Semiconductor foundries have orders backed up through 2021. As a consequence, automotive companies have been forced to cut production output and shut factories. The chip shortage is spreading to all consumers of chips for computers, mobile and gaming devices. Government officials in Germany and the US have been lobbying the Taiwanese government to help secure supply to minimise economic damage. TSMC has been working to ensure their automotive customers aren’t hung out to dry.