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Systematix Research Report
The global automotive industry has been struggling with the shortage of semiconductors for the last 15 months, driven initially by a sharp recovery in demand for consumer electronics and automobiles after lockdown 1.0.
The imbalance got accentuated by drought in Taiwan, fire at Renesas unit in Japan and storm in Texas, USA (key supplier locations).
The most recent impact on passenger vehicle production was due to Covid-19 led lockdowns in Malaysia.
As per our interaction with various manufacturers, most Indian original equipment manufacturers source their supplies from STMicroelectronics’s Malaysia units.
ST plans to ramp up supplies to 50% by mid September and to 80% by the end of the month as economic activities are resuming in Malaysia.
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