[RahulNagaraj]

Jean-Marc Chery, Chief Executive Officer (CEO) of STMicroelectronics, stated in a recent interview that the ongoing global chip shortage will return to normal only by the first half of 2023.



According to a media report, Chery stated that the chip shortage situation which has been hindering production for various tech and automotive companies will start to improve gradually from 2022. The situation is expected to return to normal sometime by early 2023.

Chery went on to state that a 'normal situation' would mean regular chip inventory levels and average delays to replenish components. He added that due to the chip shortage, the average price of STMicro's chips has increased by 5 per cent over the past year.

STMicroelectronics is said to have been able to meet only 70 per cent of its total demand this year. However, Chery believes that this level would improve to about 85 to 90 per cent in the next year.

Source: Reuters

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[dr_TJ]

This is a worrying news.
With the pandemic still nowhere under control and other industrial disruptions in place, Its better to expect for more delays in Vehicle delivery and future price hikes.

[Allterrain]

The Indian Car Industry is facing a new threat in the form of "Semiconductor Shortage"and every OEM in the business is affected. The insatiable thirst of the world for Microchips (from mobile phones to washing machines to cars , every thing runs with the help of this ubiquitous item ) has created a supply chain nightmare called Semiconductor Shortage. Big Brother Maruti is expected to cut its production by 50,000 to 60,000 units in August 2021 alone incurring a huge sale loss. This situation is expected to continue for some more months and nobody is certain. What is the way forward for the bewildered industry?

[volkman10]

Suzuki in Australia to duck the chip shortage by offering a local solution - the new multi media will not have inbuilt satellite navigation!

in a recent survey of Suzuki Australia owners, 95 per cent said they don't use their inbuilt sat-nav and instead choose to access mapping with a connected device, opening the door for the move

Suzuki Australia will soon introduce its MY22 range, with all models set to get a big multimedia upgrade – at a cost.

From November, all variants - excluding the Jimny light SUV’s Lite range-opener that goes without a touchscreen - will replace their current 7.0-inch unit with a new locally supplied 9.0-inch item, which is unbranded and has a higher resolution and a faster processor.

However, the multimedia system that powers the larger display will lack its predecessor’s inbuilt satellite navigation, although Apple CarPlay and Android Auto support will carry over, meaning drivers will still be able to get route guidance, albeit via smartphone mirroring.

Well, the ongoing global semiconductor shortage continues to make its presence felt, so Suzuki Australia decided to make the switch, which will help improve its supply by thousands of vehicles.

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