Posted on 02/11/2021 2:20:58 PM PST by TigerLikesRoosterNew
AMSTERDAM (Reuters) – The chip shortages slowing car production are a symptom of broader increased demand that is placing strains on suppliers across the semiconductor sector, according to Dutch equipment maker ASML.
One of ASML’s top executives said that higher demand for most types of computer chips — including those considered one step below cutting edge — looks stronger and more permanent than most players in the industry, including ASML, had expected when the coronavirus pandemic began.
“I think all over the place…the demand to our customers — so the semiconductor manufacturers — I would say that all over the place you see a stressful situation,” Ron Kool, an executive vice president at ASML, told Reuters.
ASML has grown over the past decade to become Europe’s largest industrial tech company, with a value of nearly 200 billion euros ($240 billion). It supplies its machinery to chip makers including Intel Corp, Samsung Electronics and Taiwan Semiconductor Manufacturing Co.
Industry observers had expected demand from one or two specific sectors to underpin growth but Kool said it now looked as if a range of applications from 5G telecoms, automobiles, data centres, industrial electronics and the ‘internet of things’ were all looking to be fed.
(Excerpt) Read more at oann.com ...
It’s less a demand crunch than it is a supply crunch. Covid has disrupted production.
Header makes no sense to me.
Pandemic caused production facilities to be shuttered?
If I wanted to drive my PC, I’d put wheels on it!
Clean rooms promote virus transmission?
Ping
Potato chips = “essential business”
Silicon chips = “non-essential”.
That’s the idiocracy for you.
Me either although I do eat chips on a long drive!!
it appears he’s asking for more kool aid...
Not possible. You’re in a bunny suit that is cleaner then an operating room.
“Pandemic caused production facilities to be shuttered?”
Not hardly, I work in the SemiConductor industry, we were/are considered an “essential industry”, haven’t missed a day of work since the Scamdemic started. Have had quite a bit of OT this year as well.
The difficult part is our equipment installers are largely based out of Asia, and they have had problems getting into the US facilities due to quarantine policies. So for US based workers it just added to our workload. The other bad part is new hires are trained through Zoom video streams rather than being able to attend hands on training in Singapore.
Probably announcing this to drive up stock prices.
I’m old enough to remember when cars didn’t have ‘chips’, and we were forced to actually drive them.
China shut down chip factories after 3M Chinese tech workers died of Chinese plague.
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