Semiconductor industry finding it difficult to meet increasing demand from auto sector
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Synopsis
This challenge in the supply chain can be mitigated with effective technology-based planning, according to a recent EY India report titled ‘Semiconductor supplies hitting vehicle sales: How Supply Chain challenges can be effectively managed through Digital Technology & Solutions for planning’.
PTI
As India recuperates from the impact of COVID-19, automobile OEMs have started to witness a steady increase in vehicle demand due to the revival of car sales. However, the semiconductor industry is finding it difficult to address the increasing demand as it also caters to other industries like IT, consumer electronics, mobile and medical equipment that witnessed unprecedented demand during COVID-19. This challenge in the supply chain can be mitigated with effective technology-based planning, according to a recent EY India report titled ‘Semiconductor supplies hitting ve