Journal of Industrial Engineering and Robotics
ISSN 3061-4112, ISSN-L 3061-4112
 

Research on the level of resilience of the microprocessor market for the automotive industry and ways to respond to an unexpected event

Published in Journal of Industrial Engineering and Robotics, Volume 5, Number 4
Written by GALENCO Dennis-Cristian.
Scientific coordinators: Cristian DOICIN

Most present microchips are found in autovehicles. In present the world is underway of a “microchip shortage”. Microchips are made of a set of interconnected electronic components etched, onto a chip of semiconducting material (silicon). COVID-19 started in 30 January 2020, forcing employers to fire/ send home employees and shutting imports. The Automotive Industry underestimated the demand for cars. Cost and demand of silicon skyrockets, as a result of it being needed for COVID19’s vaccine. Majority of manufacturers of microchips are import based. Automakers have to cut back the production at least 20% because of lack of semiconductor chips. Over 10 companies in the Automotive Industry are expected to lose over $61 billion in earnings and over 6.5 times delay compared to the normal time. The United States president Joe Biden announces a federal relief and meetings with executives of the automotive industry. Hyundai, Toyota and Tesla start making their own microchips.

[Read full article] [Citation]

GALENCO D.C. 2021, Research on the level of resilience of the microprocessor market for the automotive industry and ways to respond to an unexpected event. Journal of Industrial Engineering and Robotics, Volume 5, Number 4, ISSN 2601-5471, 85-88.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

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