Chip shortage! This domino is being transmitted in the global industrial chain. And every fall of a card causes a new chain reaction. A recent study by Goldman Sachs shows that there are as many as 169 industries in the world that are affected to some extent by the shortage of chips, ranging from automobiles, steel products, concrete production to air-conditioning manufacturing, and even soap production.
Lack of chips has caused the auto industry to stop production
A car needs hundreds or even thousands of chips, and the lack of one will make the whole car unable to produce. Recently, the global automobile industry has collectively fallen into a “stop production tide”. Ford, Suzuki, Volkswagen Americas, Toyota, Honda and many other well-known auto companies have announced plans to suspend their production lines.
Jose Muñoz, North American CEO of Hyundai Group: The shortage of chips affects everyone, and we are no exception.
The “chip shortage” is not limited to the automotive industry. Today, the impact of the “chip shortage” has spread to all types of enterprises
Goldman Sachs’ latest research report pointed out that as many as 169 industries around the world have been hit by chip shortages to some extent, including steel products, concrete production, air-conditioning manufacturing, beer brewing, soap production and many other industries.
In early June, shopping malls and most businesses in Malaysia were closed, and the country began a second almost complete lockdown in response to the deteriorating new crown epidemic. Some analysts believe that this may exacerbate the already very serious chip shortage problem on a global scale. Malaysia is the seventh largest semiconductor export center in the world. There are more than 50 semiconductor companies investing in Malaysia worldwide, covering almost all semiconductor giants.
Liu Xingliang, member of the Committee of Experts on Information and Communication Economics of the Ministry of Industry and Information Technology: Southeast Asia occupies a relatively large proportion in the field of chip packaging and testing, of which Malaysia accounts for 13%. The current epidemic in Malaysia, the extreme cold weather in the United States, and the fires in Japan will affect the world. The entire chip industry chain has a very large impact.
On the other hand, the epidemic has caused many processing plants around the world to fail to start operations as scheduled. In many areas, home office work and online training have become the norm, and the demand for consumer electronic products has soared. According to data from the second quarter of HP’s 2021 fiscal year, HP’s sales of consumer personal computers and commercial and consumer printers both increased by more than 70% year-on-year.