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Zorro

(15,722 posts)
Thu Sep 23, 2021, 11:27 PM Sep 2021

Semiconductor shortage that has hobbled manufacturing worldwide is getting worse

Source: Washington Post

After nearly a year, automakers are still cutting back on production and losing sales in a supply crisis that is also hitting other business sectors.

The global semiconductor shortage that has paralyzed automakers for nearly a year shows signs of worsening, as new coronavirus infections halt chip assembly lines in Southeast Asia, forcing more car companies and electronics manufacturers to suspend production.

A wave of delta-variant cases in Malaysia, Vietnam and the Philippines is causing production delays at factories that cut and package semiconductors, creating new bottlenecks on top of those caused by soaring demand for chips.

Underscoring that the problem has defied easy solutions, the White House on Thursday held its second summit in five months with semiconductor manufacturers and buyers, in part to gain more clarity on the scope of the crisis, senior administration officials said.

Attendees included senior executives from Intel, General Motors, Ford, Apple, Microsoft, Samsung and two dozen other companies, as well as Commerce Secretary Gina Raimondo and National Economic Council Director Brian Deese.

Read more: https://www.washingtonpost.com/us-policy/2021/09/23/chip-shortage-forecast-automakers/



Looks like it's gonna be a little bit longer wait to get that Playstation 5.
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msongs

(67,356 posts)
4. I just know american manufacturers will step forward right? oh wait they shipped those jobs
Thu Sep 23, 2021, 11:56 PM
Sep 2021

overseas to boost their profits and ceo salaries

C Moon

(12,208 posts)
6. I recall around 2000, some were predicting that once we are no longer able to make products smaller
Fri Sep 24, 2021, 12:58 AM
Sep 2021

(phones, computers, etc), the economy would crash because people would no longer upgrade to new devices.

This reply is off base, but I wanted to share because it reminded me of that theory back then.

DallasNE

(7,402 posts)
8. It's What Happens When
Fri Sep 24, 2021, 02:07 AM
Sep 2021

You chase cheap labor. No infrastructure behind the cheap labor to keep it humming.

SunSeeker

(51,508 posts)
9. Fuck. I've been holding off buying a car a year now, waiting for this to get better.
Fri Sep 24, 2021, 02:51 AM
Sep 2021

It's only gotten worse. Sucks.

 

Shanti Shanti Shanti

(12,047 posts)
10. Walmart is restocking, its selling the PS 5 disc console package, $1000, its only money, right
Fri Sep 24, 2021, 05:08 AM
Sep 2021

Lol, I still have PS 4 games in the wrapper, games, need to have games worth playing

yaesu

(8,020 posts)
11. today automakers, tomorrow healthcare, power companies, logistics getting hit
Fri Sep 24, 2021, 07:32 AM
Sep 2021

and maybe we can bring key manufacturing back to the US.

lonely bird

(1,676 posts)
12. On a related note...
Fri Sep 24, 2021, 10:07 AM
Sep 2021

Look into shortages of propylene oxide which is a feedstock for various chemicals used in polyurethanes including urethane foams which are used in applications from insulation to mattresses. Dow, Huntsman, BASF and Covestro have been on Force Majeure meaning their customers are on allocation and delivery is uncertain. The storm back in the early part of the year in Texas damaged plants (yeah for the shitty electrical grid! Not.) and plants there also were shutting down Q3/Q4 to replace damaged equipment. Isocyanates, MDI, TDI AND HDI, coming from China and Korea have been hammered with high tariffs. Shipping container pricing to get products here from the East have sky-rocketed in cost. I have heard of prices for shipping a 40 foot container going as high as 40K when they were prior to COVID 2-3K. In addition, ports are clogged with ships awaiting unloading. I heard a story, don’t know if it is true, that some ships are so far offshore waiting to get into port that they can’t drop anchor.

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