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Businesses Technology

Global Manufacturers See Chip Shortage Easing (reuters.com) 15

Hyundai Motor, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components. From a report: An increased supply of chips will reduce one burden facing an industry that is also battling raw material price inflation, a tight energy market and rising interest rates that are throwing a dampener on consumer demand. Hyundai turned in its best quarterly profit in eight years on Thursday as a weak won currency lifted the value of its earnings abroad and demand stayed strong for the South Korean automaker's high-margin sport utility vehicles (SUVs). The carmaker was also boosted by the easing of a global chip shortage, which helped it resume overtime and weekend shifts at domestic plants. It now plans to step up vehicle production in the second half to meet consumer demand.
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Global Manufacturers See Chip Shortage Easing

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  • by Zontar_Thing_From_Ve ( 949321 ) on Thursday July 21, 2022 @06:47PM (#62723224)

    Hyundai Motor, factory robot builder ABB and Swedish fridge maker Electrolux

    I can't speak for everybody, but I'm a lot more interested in what Swedish hit maker ABBA has to say.

    • Doubtless they're glad it won't be the Waterloo.

    • by s4080326 ( 5462622 ) on Thursday July 21, 2022 @07:41PM (#62723350)

      Hyundai Motor, factory robot builder ABB and Swedish fridge maker Electrolux

      I can't speak for everybody, but I'm a lot more interested in what Swedish hit maker ABBA has to say.

      They look forward to expanding their network of ABBAtars, and I for on one welcome our fabulous hologrammatic overlords.

    • and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing

      In related news, surprise Russian whiteware vendor Uralvagonzavod has just placed an order for 50,000 Electrolux fridges.

  • ...not getting worse. The Murphy Law Book says this requires something else bad to happen to keep the misery index balanced out.

  • Maybe upgrade designs to use current chips instead of sticking to use elderly models whose foundries are being shut down in favor of the current chips?

    • by CaptQuark ( 2706165 ) on Friday July 22, 2022 @02:21AM (#62723784)

      Most of the car manufacturers don't want to spend the years and millions of dollars to source, test, and certify a new chip into a proven process. The ROI would be many years, just to save 50 cents per chip. The newer, smaller chips are also much more intolerant to voltage spikes and temperature changes. https://jalopnik.com/i-asked-e... [jalopnik.com]

      • by sd4f ( 1891894 )

        The automotive industry is a bit weird. I was working in it until last year, for an OEM of modules, and previously, if they needed to replace a resistor on a circuit board, it would go through the entire validation process to make sure everything worked within specification. During the pandemic, as shortages became significant, and contracts had to be fulfilled (in short, no OEM wanted to be the company holding up production, because supply contracts had all sorts of penalties baked in), substitutions were

  • Any real chip manufacturing happening in the US, not so much! It is called corruption, it is the business of government!
  • Historically when shortages in memory or CPU chips have been resolved, the result is overproduction and a slump in prices. That leads to manufacturer closures and a fresh cycle of shortages. Maybe this time it will be different, with customers building up their own stocks of product and taking advantage as supply exceeds consumption. Or maybe the old patterns will just play out again. Who can say.
  • GOOD! I have need of a backup PI4 8G model just to make my disaster recovery more ... complete; but I have thus far refused to pay the insane scalper prices

    The idea that perhaps I'll be able to get my spare / DR up and running without feeding scalpers is highly satisfying.

    However, I'm guessing that PI will be far down the list of "things that get back to pre-supply chain crash levels"

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