Global Chip Shortage Most ‘Severe’ in Vehicles, Says Himax CEO
The production capacity shortage in global semiconductors “appears to be a long-term phenomenon” spanning many industries but seems worst in the automotive sector, Himax CEO Jordan Wu told a quarterly call Thursday. “The shortage has become more severe.” The integrated…
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circuit maker “engaged early,” leveraging its “long-term business relationships” with foundries and “back-end suppliers,” and “successfully secured more capacity for 2021, compared to the level of Q4," he said (see Q4 materials here). The company’s “aim” is to “fully utilize the capacity accessible to us” through its network of foundries. There’s little likelihood of a “significant” industry capacity increase “anytime soon,” he said. “Strong demand is likely to persist longer than expected.” Another “impressive quarter of high growth” is expected for notebooks, said the executive, citing "persistent remote working and e-learning.”