The Amazing Story Of Morris Chang
In 1983, a 52-year-old senior executive at Texas Instruments was passed over for the company's top job.
"He would go on to found and build the most strategically important company in the world."
Posted on 07/25/2021 6:10:38 AM PDT by blam
The global semiconductor shortage we have been reporting on for the better part of the last year looks as though it could finally be turning a corner for the automotive industry. Smartphone production, however, may have to continue to suffer deficient supply until well into 2022, according to a new report by Reuters.
Supply for the auto sector could improve in coming months as China has picked up some of the production slack that Taiwan hasn’t been able to meet, according to ING Greater China chief economist Iris Pang.
While Taiwan has run into the headwind of continued Covid-prevention measures disrupting imports and exports, some company have shifted production to China.
Pang commented: “China gained 5% on the chip shortage in terms of GDP – Taiwan semiconductor companies have planned well and built large factories in mainland China.”
“Taiwanese semiconductor companies are tailoring making chips for autos, so the chip shortage should be solved for autos in a few weeks, but other electronics’ chip shortage problem persists,” Pang continued. Pang said that even crypto miners were looking for ways to recycle “used” chips – a sign that there was still a meaningful shortage.
Despite a small respite for the auto industry, the outlook for the broader semiconductor production picture still looks gloomy for the rest of 2021. Adam Khan, founder of AKHAN Semiconductor thinks supply will continue to be disrupted until second quarter of 2022.
Andrew Feldman, CEO of chip startup Cerebras Systems, agreed. He told Reuters that vendors were still quoting lead times of up to 32 weeks for new chips.
Dan Hutcheson, CEO of chips-focused VLSI Research told Reuters that when it’s all said and done, the semiconductor chip industry could grow between 21% and 25% in 2021. The Philadelphia Semiconductor Index has outpaced the Nasdaq so far this year with gains of 16% versus 13%.
Fake Chinese chips coming to everything soon. Bastards.
Just try to fine a used or new tractor. We gave up and decided to go without. Will just buy a used snow plow instead.
Re Headline: Big difference between a semi and a semi-conductor. May want to edit that.
Deep State is very happy.
And if they remain in power, this is truly just the beginning.
3 month wait on getting some pickup truck repairs in my area. The mechanic then mentioned there were also hiccups in the parts delivery system. I had him order the parts right there, 3 months in advance.
with hidden backdoor vulnerabilities for spying/monitoring/shutting down when the time is right. Sure, more chips from the ChiComs. What can go wrong?
How damn hard IS it to build a plant in, say, Spring Hill, TN or Plano, TX, SD, or somewhere the COL and tax basis is favorable to start-ups?
“Democrats are so incredibly evil and incompetent at once it’s simply stunning to see how quickly everything falls apart and shortages begin.”
Does this have anything to do with Dems? The issue is a demand one. People are wanting to buy more cars and electronics than anyone expected them to.
This is a remnant of the booming Trump economy and unprecedented growth. It takes at least a year for a president to have any effect on the economy.
The guy that did our landscaping was telling me he was shopping for a new Ford F450 and was told by the dealership that there was a minimum 5 month wait. There are thousands built and in outdoor storage but missing the microchips. The salesman recommended that he wait a year because he was hearing that mice and rats were getting into them and eating the wire coverings.
Texas Instruments
Semiconductor Devices
(214) 567-5889
3912 Lost Creek Dr
Plano, TX 75074
BTW, I hired the guy who is the wafer fab manager there in Plano before I retired from TI at the end of 1994.
He had a fascinating resume when I recruited him. He has a PhD in theoretical physics from Berkeley. He went to Wabash State, Purdue then Berkeley. He made a 3.9 grade in every course he ever took. He wound up being my boss before I retired from TI.
Funny, I knew about TI, it’s why I mentioned Plano. I mean, why not ANOTHER plant? My suspicion is the federal bureaucracy and startup costs are insanely and progressively (but I repeat myself) prohibitive, but so much has been outsourced to the ChiComs, from pet food, rat meat boneless “chicken wings” to antibiotics, fentanyl production (ahem...), everything electronic, we’ve cut our own throats economically.
Only thing the CCP isn’t supplying in large number are politicians, they just keep buying OURS.
The Amazing Story Of Morris Chang
In 1983, a 52-year-old senior executive at Texas Instruments was passed over for the company's top job.
"He would go on to found and build the most strategically important company in the world."
Moving the supply chain back on shore is important for more than one reason. This is a reminder of that.
So he was turned over for senior management/CEO role.
Racism or ageism or distrust of possible ChiCom connections or whatever, the trajectory of his career, his SUCCESS, speaks volumes for the old adage “God had other plans.”
Seems like he did okay for himself, and Taiwan.
Suddenly semi means semiconductor and not truck. I had to read the first sentence to figure out that there was no shortage of trucks. I also won’t read any more because I am concerned about the integrity of the language and I will not participate in the redefining of words. I’m sorry that it takes so many keystrokes to type out the word semiconductor.
Chevy actually stopped production of trucks.
We have been waiting 8 months for a US made refrigerator.
Appliances have government mandates that they operate by electronics.
So why isn’t my perfect jeep selling?
This is a good reason to see if you can find older things that work without chips. If you know how to repack the grease in a 40-year old Kitchenaid, it’s much more reliable than some new Chinese-made blender full of chips and digital displays.
The USA invented the semiconductor and the chips made from them. We had factories churning them out. But those factories were shut down and the equipment shipped overseas because of the high costs of government regulations, unionized labor and the cheapness of labor overseas.
We shot ourselves in the foot on this one.
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