Zhao Haijun, co-CEO of China's largest chipmaker, made the
comments during a conference call after its latest quarterly results. He also
said external sanctions would continue to affect the company's revenue growth.
SMIC is a key player in China's efforts to build up its
domestic semiconductor manufacturing capabilities, but sanctions by the former
Trump administration have curbed US companies from supplying it.
The company is also an important player in the global
semiconductor supply chain, which is under heavy pressure as pandemic lockdowns
drive up demand for electronics such as laptops and phones.
Global automakers, in particular, have been caught off guard
by the chip shortage, and firms from General Motors to Stellantis have
announced that they have slowed down production and furloughed thousands of
workers.
In more chip-related news, Qualcomm, the world's largest
smartphone chipmaker, warned it is struggling to meet demand, signaling that a
global semiconductor shortage is spreading.
“The shortage in the semiconductor industry is across the
board,” said incoming Chief Executive Officer Cristiano Amon.
Like most chipmakers, Qualcomm outsources production to
companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics.
These suppliers are trying and so far failing to adjust to a vigorous rebound
in demand. The auto sector has complained about this recently, but Qualcomm's
comments show the problems are broader.
When the COVID-19 pandemic first struck in early 2020, chip
orders initially collapsed. But remote work and studying has spurred demand for
computers, while car buying has surged as people avoid public transport. That,
in turn, has caused auto and electronics makers to re-up their chip purchases.
Amon said orders for chips that run computers, cars and many
other Internet-connected devices are swamping the industry, which mostly relies
on just a handful of factories in Asia. Supply should improve in the second
half of 2021, he added.
0 comments:
Post a Comment