US Business Minister: The supply of car chips increases, semiconductor shortage is relieved

28 August 2023

US Commerce Minister Raymondo Tuesday (20th) said that the chip supply gradually increases, Ford (F-US) starts to get more chip parts with General Motors (GM-US), and has seen semiconductor shortage relief sign.

In order to solve the problem of chip shortage, this year Raymondo has promoted a series of semiconductor conferences. She said that these initiatives make the wafer foundry production and shipments more transparent, and the supply of car chips has gradually increased. The White House is believed that these conferences help reduce supply and demand for all parties to wafer manufacturing and distribution, automotive industry orders.

Raymondo said: "We will begin to see the improvement signs, in recent weeks of Ford Car Executive, Jim Farley, Mary Barra, said to me to get more chip parts, out of stock Something slightly. "

In addition, the White House also put pressure on Malaysia and Vietnamese government, requiring to ensure that the semiconductor factory is listed as "key" business to maintain part of the capacity on the occasion of the local epidemic.

Goldman Sachs issued a report on chip shortage market, the summit of chip shortage is falling in the second quarter, and car production is expected to grow significantly in July. However, the current shortage of American Automotive Factory continues, and it is estimated that the industry has caused a loss of $ 110 billion.

The White House is currently trying to convince US Congress through $ 52 billion in funding to promote chip production, support US local semiconductor research and development, which is a long-term strategy that reduces the relying on other countries in the global supply chain. The Senate passed the bill in June, but it was still not passed in the House debate.

In addition to the United States, the EU is also intended to double the production capacity of the euro zone wafer in the euro zone before 2030, reaching the supply of at least 20% of the world.