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The semiconductor industry is notoriously cyclical, but the need for chips that power artificial intelligence may be what kicks up demand this time around.
Dealers are figuring out how to balance the supply of vehicles with softer consumer demand.
Russia’s economy relies on imported tech, like aircraft parts and semiconductors. That leaves it vulnerable as sanctions multiply.
The semiconductor giant is thinking long term.
The global chip shortage. Supply chain headaches. Empty dealer lots and sky-high prices. New car shopping isn’t for the faint of heart.
There’s a gaming console shortage thanks to the computer chip shortage and high pandemic demand.
The company had managed to steer clear of the shortages that have hit carmakers and other manufacturers.
Shortages happen when demand is greater than supply. When it comes to computer chips, there are problems on both sides of that equation.
It’s a tradeoff for dealerships. Lower inventory often means lower risk … but is it an opportunity for competition?
NXP is one of the top suppliers of computer chips to automakers.