Cover Story: How a Perfect Storm Created a Global Chip Shortage
Globally, automakers cut production by nearly 1 million vehicles during the first quarter for lack of chips
A chip shortage that has squeezed global automakers since late last year offered a snapshot of how the Covid-19 pandemic and geopolitical uncertainties have distorted supply chains in the highly globalized semiconductor industry.
The question is: Will it lead to a reshaping of the industry’s global landscape?
It’s a multibillion-dollar question involving massive investment flows and potentially sweeping economic and geopolitical consequences. As technology has advanced, semiconductors have come to dominate not only the auto industry but also almost every part of consumer goods manufacturing as the tiny electronic devices supply the brains for products ranging from computers to mobile phones to toothbrushes.
China accelerates 28 nm and 14 nm chip manufacturing globalspec.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalspec.com Daily Mail and Mail on Sunday newspapers.
China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive
The SMIC board has approved a restricted share incentive scheme that will cover as many as 4,000 employees
The company’s latest incentive programme comes as China doubles down on efforts to build up its semiconductor industry
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.