The semiconductor crisis is worsening and industries are clashing
As the coronavirus' Delta variant rampages through Southeast Asia, causing chip factories in the Philippines, Vietnam, and Malaysia to delay production or intermittently close down, companies across many industries are facing production pipeline bug.
According to The Washington Postal service, companies in entirely separate sectors are at each other's throats. Automakers want the chip supplies and resources that are currently going to smartphone companies, while smartphone companies argue that automakers can suffer for all they care and that information technology's not the smartphone industry's problem that automakers didn't plan accordingly for the coronavirus-stricken landscape.
"It's on industry to come up with the solutions here and to identify some of the path forward," said a Biden administration official virtually the situation, in the leadup to the Th (September 23, 2022) meeting between the White House and diverse industry leaders.
That'due south a full general overview of the macro state of affairs. On a micro level, the Kansas City Business Journal has an illustration of the immediate impacts of the chip shortage: Ford's and GM'south Kansas-based car assembly plants have seen sporadic shutdowns during 2022. Combined, these shutdowns impact about x,000 employees directly as well every bit those at companies depending on Ford and GM.
That aforementioned report says the global automotive industry is primed to lose revenue to the tune of $210 billion in 2022 considering of the shortage. The big effigy is i example of how the fleck shortage is affecting things across the availability of the best graphics cards, which are also being hurt by supply constraints.
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Source: https://www.windowscentral.com/semiconductor-crisis-worsening-and-industries-are-clashing
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