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Multiple industry leaders and analysts expect the global chip shortage will extend into 2023

Recently, many semiconductor supply chain participants said the global chip shortage would continue into 2023. Several market analysts agreed and offered tips on how OEMs can navigate the crisis.

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Daimler expects global chip shortage to continue until 2022

Daimler AG said it expects the global chip shortage to last until 2022. Other major automakers have made changes to their production goals and vehicle designs due to the parts bottleneck.

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Intel reportedly in talks to purchase GlobalFoundries for $30 billion

According to the Wall Street Journal, Intel has entered negotiations to buy GlobalFoundries from its parent company for $30 billion. The surprising potential acquisition has received a mixed reception from industry watchers.

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Erocore offers passive components the latest consumer electronics require

Erocore becoming an innovative player in the passive components sector. As a result, manufacturers can utilize its parts to meet robust demand for consumer electronics this holiday season.

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GlobalFoundries begins construction on $4B 300mm wafer fab in Singapore

GlobalFoundries, the world’s fourth-biggest contract chipmaker, announced it broke ground on a $4 billion fab. The Singaporean facility will make 450,000 silicon wafers (300mm) per month by 2023

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Nexperia investing $700M in capacity expansion, opens new production line in Britain

Nexperia is investing $700 million to expand its manufacturing and development capability. In addition, the firm launched a new production line in Manchester, England to address the global chip shortage.

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Texas Instruments has the parts OEMs need to make the 2021 holiday season profitable

The global chip shortage has greatly strained the electronic components supply chain. However, Texas Instruments currently offers multiple parts to help OEMs, CMs, and EMS providers meet their holiday season production targets.

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Global chip shortage prompting spike in component counterfeiting

Multiple industry insiders believe the global chip shortage has favorable conditions for unscrupulous counterfeiters. One criminal took advantage of the crisis to defraud some unsuspecting manufacturers out of $110,000.

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How Sourcengine is Helping OEMs and EMS Companies Combat the Global Chip Shortage

Sourcengine’s large supplier network, cutting-edge digital tools, and robust anti-counterfeiting measures can help OEMs and EMS providers over the challenges presented by the global chip shortage.

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Why the Global Semiconductor Shortage Might Negatively Affect the 2021 Holiday Season

The global semiconductor shortage might have a negative impact on the 2021 holiday season. Popular vehicles, home electronics, white goods, computer components, and smartphones could be in short supply this year.

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