Auto chip shortage may have domino effect in smartphone industry
Industry Leaders|March 2021
Auto industry leaders are experiencing disruptions, with estimated production shortfalls in single-digit percentage range in the first quarter of 2021.
Anna Domanska
Auto chip shortage may have domino effect in smartphone industry

More than a year after COVID-19 outbreak, the growing impact of the pandemic on the automotive industry remains unclear. As reports suggest, automakers are reducing output and selectively idling assembly lines until the ongoing chip shortage eases, which we expect to take several quarters. The situation is particularly acute for carmakers, which are experiencing an increase in electric vehicle demand, while semiconductor foundries limit their ability to take fewer orders from larger technology companies.

Diese Geschichte stammt aus der March 2021-Ausgabe von Industry Leaders.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 2021-Ausgabe von Industry Leaders.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS INDUSTRY LEADERSAlle anzeigen
Architects Pick Their Favorite Building Material
Industry Leaders

Architects Pick Their Favorite Building Material

Henry Ford, the father of assembly-line manufacturing, had a saying: “Any customer can have a car painted any color that he wants so long as it is black.”

time-read
4 Minuten  |
June 2021
POWERFUL WOMEN IN FINANCE
Industry Leaders

POWERFUL WOMEN IN FINANCE

The coronavirus is not only a public health crisis of magnitude – it’s also a looming reshuffle of the global economic order. Leading through the pandemic and economic crisis is not a minor accomplishment, but the events of this past year haven’t stopped the 10 trailblazers who make up Industry Leaders’ Most Powerful Women in Finance list.

time-read
5 Minuten  |
June 2021
GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS
Industry Leaders

GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS

A new climate law adopted by Germany requires that all coal-fired power plants be shut down before the promulgated 2038 deadline. In January 2020, the German government had negotiated a deal worth €40 billion to phase out coal power by 2038, but now it seems the country is in a hurry to end its dependence on coal power due to urgent climate concerns.

time-read
1 min  |
June 2021
IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE
Industry Leaders

IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE

Singapore-based Binance was co-founded in 2017 by Changpeng Zhao, and is the largest cryptocurrency exchange in the world. The US Commodity Futures Trading Commission (CFTC) is probing money laundering and tax-related offenses on the platform by any US citizen. They are investigating whether any illegal trading of derivatives linked to digital tokens was done. The United States residents can only purchase these kinds of products from firms registered with the CFTC.

time-read
1 min  |
June 2021
GEN Z ANGELS
Industry Leaders

GEN Z ANGELS

INVESTORS SEEM TO BE GETTING YOUNGER AND YOUNGER.

time-read
5 Minuten  |
June 2021
Biggest AI Talent Grab of the Year
Industry Leaders

Biggest AI Talent Grab of the Year

In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking at a wide range of strategies such as alliances and partnerships. In addition, deal-makings now have to reflect the new environmental and societal priorities of the post-crisis world, which include making organic changes like going virtual, remote collaborations, and potentially less inperson networking.

time-read
5 Minuten  |
June 2021
POSTWAR BOOM
Industry Leaders

POSTWAR BOOM

PANDEMIC BRINGS GOOD SALES GROWTH FOR LUXURY CAR BRANDS

time-read
4 Minuten  |
June 2021
GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029
Industry Leaders

GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029

Google is confident it can build a commercial-grade quantum computer by 2029. The search engine giant’s chief executive Sundar Pichai announced the plan to build a quantum computer during the Google I/O stream. To follow through on this ambitious journey is an important milestone in the form of a new Quantum AI campus in Santa Barbara, California, where Google engineers and scientists will be hard to work to build the world’s first commercial quantum computer.

time-read
1 min  |
June 2021
BEYOND THE STARS
Industry Leaders

BEYOND THE STARS

The dream of space tourism is alive and well.

time-read
4 Minuten  |
June 2021
2021 SEMICONDUCTOR CHIP SHORTAGE
Industry Leaders

2021 SEMICONDUCTOR CHIP SHORTAGE

The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers.

time-read
4 Minuten  |
June 2021