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What are Global Chip Shortage?

Global Chip Shortage

About Global Chip Shortage

What are Global Chip Shortage?

What is a semiconductor?

Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and mobile phones to various other electronic products and appliances. 
 
Globally, the utilisation of semiconductors in the automotive industry rose in recent times with new models launching with advanced electronic features such as Bluetooth connectivity and driver-assist, navigation and hybrid-electric systems.
 

2020–21 global chip shortage explained

In nearly every electric product, there are semiconductor chips. Some of the items are smartphones, cars, electric toothbrushes, washing machines, refrigerators, etc. However, these appliances and products are now in critically short supply. 
 
The coronavirus pandemic-induced lockdowns
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Latest Updates on Global Chip Shortage

GDP growth in FY25 may surpass Economic Survey's prediction: India Inc

Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"

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Updated On : 22 Jul 2024 | 10:12 PM IST

French Senate adopts pension bill despite street protests

A contentious bill that would raise the retirement age in France from 62 to 64 got a push forward with the Senate's adoption of the measure amid strikes, protests and uncollected garbage piling higher

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Updated On : 12 Mar 2024 | 10:58 PM IST

Semiconductor chip shortage may derail automakers FY24 production plans

Tata Motors, a leading SUV player, has said it continued to be "agile" and was monitoring situation

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Updated On : 03 Apr 2023 | 11:09 PM IST

Geographical diversification of chip manufacturing to happen: Moody's

China's reliance on semiconductor imports is unlikely to diminish over the medium term given constraints on its advanced chip production

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Updated On : 18 Jan 2023 | 6:03 PM IST

Passenger vehicle dispatches rise 11% in July as chip situation improves

The passenger vehicle dispatches to dealers increased by 11 in July as improvement in semiconductor supplies helped the companies to ramp up production ahead of the festive season, SIAM said.

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Updated On : 12 Aug 2022 | 1:08 PM IST

Mobile operators and device manufacturers clash over SIM shortage

Operators want eSIMS to be made mandatory while phone makers say this will push up costs

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Updated On : 10 Aug 2022 | 11:39 PM IST

Hyundai Motor, Kia's US sales fall by 11% amid global chip shortage

Hyundai Motor and its affiliate Kia said on Wednesday their combined sales in the United States fell 11 per cent last month from a year earlier amid the prolonged global chip shortage.

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Updated On : 03 Aug 2022 | 10:59 AM IST

Auto sales show positive trends in July as global chip headwinds ease

Hyundai reported sales of 50,500 units in the domestic market (up 5.1 per cent YoY), against 48,042 units a year ago

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Updated On : 02 Aug 2022 | 12:32 AM IST

Auto industry fails to pick up pace as chip shortage hurts production

Fresh chip scarcity may result in 4th straight year contraction in volumes

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Updated On : 01 May 2022 | 11:57 PM IST

Car, two-wheeler exports soar in FY22 amid chip crunch, falling rupee

Shipments of Maruti Suzuki and Bajaj Auto vehicles see record jump

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Updated On : 02 Apr 2022 | 2:01 AM IST

India's tryst with semiconductors: Govt plans to rope in global bigwigs

No significant global player has participated in the first round of the investment incentive scheme

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Updated On : 26 Feb 2022 | 6:04 AM IST

Vedanta signs up with Foxconn to manufacture semiconductors in India

The Vedanta Group had in January shared its intent to invest $15 billion for making displays and semiconductor chips in India over the coming five years

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Updated On : 15 Feb 2022 | 3:38 AM IST

Tata Motors narrows Q3 losses quarter-on-quarter as chip shortage eases

It is optimistic of being a net debt-free company by 2024

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Updated On : 01 Feb 2022 | 1:08 AM IST

PC, laptop demand on the rise but chip shortage a cause of concern, says HP

The massive 50% surge comes from additional requirements for online learning and WFH; however, demand outstrips actual growth due to chip crunch

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Updated On : 24 Jan 2022 | 10:00 PM IST

Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low

The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties

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Updated On : 14 Jan 2022 | 11:43 PM IST

Enough demand in India to take care of 5-6 fab plants: Ashwini Vaishnaw

'There is a huge demand for chips from automobiles, electronics, railways, the defence industry, power electronics amongst others', said Vaishnaw

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Updated On : 23 Dec 2021 | 6:10 AM IST

Govt's policy to build semiconductor ecosystem improves on earlier attempts

Vaishnaw said the government is offering global players something competitors cannot match and that is brain power

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Updated On : 20 Dec 2021 | 6:02 AM IST

Near-term worries likely to keep Maruti Suzuki's stock under strain

Market-share loss in SUVs, supply disruptions, and margin improvement may take time to repair

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Updated On : 20 Dec 2021 | 3:37 AM IST

A good initiative

States hold key to success of semiconductor incentive plan

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Updated On : 16 Dec 2021 | 11:06 PM IST

Govt's Rs 76,000-cr plan to woo chip makers, create semiconductor ecosystem

Domestic fabless players to get support via design-linked incentive

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Updated On : 16 Dec 2021 | 1:46 AM IST