What are the impacts of Mercedes-Benz lacking chips?
1 Answers
It will result in low production capacity. The following are the reasons for the shortage of automotive chip supply: Impact of the pandemic: In recent years, the global chip industry's investment in production capacity has been relatively conservative, and the imbalance between supply and demand had already manifested before the COVID-19 pandemic. The pandemic has exacerbated the caution in capacity investment. Impact of 5G: Driven by the development of 5G technology, the demand for chips in the consumer electronics sector has been rapidly increasing this year, challenging chip production capacity and occupying part of the automotive chip production capacity. Moreover, this trend may further intensify in 2021, while many manufacturers in the chip sector are reducing necessary capital expenditures in the automotive industry, raising prices, and lowering production quotas for automotive chips.