GM Lost $2 Billion Due to Semiconductor Shortage. Why?
2021/3/13 view:
It is no exaggeration to say that semiconductors have provided power for modern society. But nowadays, semiconductor supply is in severe shortage worldwide, and the situation is getting worse. General Motors (59.26, 2.93, 5.20%) (GM), one of the world's largest automakers, said that losses due to semiconductor shortages may be as high as US$2 billion. SIA (Semiconductor Industry Association of America) data show that the sales revenue of American chip manufacturers accounts for 47% of the global market, but their domestic production capacity in the United States only accounts for 12% of the global chip manufacturing field.
All this stems from the new crown epidemic. The COVID-19 pandemic has forced people to work and study at home, and almost everything must be done at home. Enterprises are vying to build remote working systems, and these systems require more cloud facilities. There is no indication that the market's demand for semiconductors is slowing down.
All this stems from the new crown epidemic. The COVID-19 pandemic has forced people to work and study at home, and almost everything must be done at home. Enterprises are vying to build remote working systems, and these systems require more cloud facilities. There is no indication that the market's demand for semiconductors is slowing down.
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