The core shortage of the hottest global automobile

The lack of "core" in the global automotive industry intensifies

the lack of "core" in the global automotive industry intensifies portant; overflow-wrap: break-word ! important; "> recently, Japan and the United States, the major producers of automotive chips, have been hit by earthquakes and cold waves respectively, with the continued impact of the COVID-19 superimposed, and the global shortage of automotive chips has intensified. IHS Markit data shows that portant; overflow Wrap: break word! Important;"> The global supply shortage of automotive chips may continue until the third quarter

portant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> The agency pointed out that the key to breaking through the difficult situation of chip supply in China lies in the localization of the industrial chain. It is expected that 2022 will usher in the opportunity of import substitution + downstream wafer plant expansion

portant; overflow-wrap: break-word ! important; ">portant; word wrap: break word! Im according to the cultural cooperation agreement, scientific and technological cooperation plan, educational exchange and cooperation plan signed by the two governments, portant; font size: 14px;"> portant; word-wrap: break-word ! important; line-height: 28px; "> shutdown

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> the earthquake and cold wave paralyzed some production lines of several major auto chip manufacturers in the world.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> according to Xinhua news agency, recently, affected by the polar cold current, some parts of Texas in the southern United States suffered extreme weather such as snow, ice and freezing rain, resulting in road icing, road closures and large-scale power outages.

portant; overflow wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> Samsung Electronics of South Korea, one of the world's largest chip manufacturers, said that the company had two factories in Austin, Texas, and the local government had asked to close them on February 16. Samsung Electronics said that it would resume production as soon as possible, but it must wait for the local power supply to normalize at present. Analysts at Citibank said that Austin factory accounted for about 28% of Samsung's total chip production capacity.

portant; overflow wrap: break word! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> Coincidentally, global chip giants such as NXP semiconductor and Infineon technology also closed their factories in Texas due to power supply interruption. Industry insiders said that Texas has gathered many production lines of the world's major automotive chip manufacturers. The shutdown caused by this Blizzard has made the global automotive chips that were originally in short supply even worse

po construction project situation (■ new, reconstruction and expansion) rtant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> Japan was suddenly attacked by natural disasters such as earthquakes. The company, a wholly-owned subsidiary of LANXESS, a special chemical company, was hit by the 7.3 magnitude earthquake in the waters east of Fukushima, Japan, and Fukushima and Miyagi prefectures were the most affected. It is reported that many semiconductor enterprises in Japan are located in these two counties

portant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> According to Japanese media reports, large-scale power and water outages occurred in many parts of Japan after the earthquake, and at least 10 thermal power generating units in northeastern Japan suspended power generation. According to Japanese industry sources, the earthquake may affect the automotive semiconductor industry and exacerbate the global shortage of automotive chips

portant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> Industry insiders said that due to the particularity of its 24-hour operation, once a semiconductor manufacturing factory encounters an accident shutdown, it is not only necessary to check the damage of the equipment, but also to determine whether the wafers on the production line are affected

portant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> portant; word-wrap: break-word ! important; line-height: 28px; "> supply exceeds demand

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> market research firm IHS Markit predicts that due to the shortage of automotive chips, the global automotive production in the first quarter of 2021 will be about 672000 less than initially expected. By the end of 2021, the total global automotive production will be reduced by 964000. The impact of the shortage of chip supply may continue into the third quarter.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> the epidemic has disrupted the global supply chain, and the massive demand for electric vehicles is like a catalyst, exacerbating the shortage of automotive chips. Many people from the front line of the industry told the China Securities Journal.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> in order to strive for production line resources, some enterprises take the initiative to ask suppliers to raise product prices. Deng Anming, the assistant to the chairman of Wentai technology, told the China Securities News that there is a strong demand for power chips, many of our products have extended the delivery period, and released more production capacity to power semiconductors.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> according to relevant media reports, Renesas, NXP, St group, Toshiba and other major global automotive chip manufacturers are considering raising product prices by 10% - 20% portant; word-wrap: break-word ! important; Font-s but ize: 14px; "> auto sales have maintained a rapid growth trend. According to the data released by the China Automobile Association recently, the sales volume of China's auto industry is expected to reach 2.54 million in January 2021, with a year-on-year increase of 31.9%. Among them, the sales volume of passenger cars is expected to reach 2.07 million, with a year-on-year increase of 28.4%; the sales volume of commercial vehicles is expected to reach 480000, with a year-on-year increase of 50.1%.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> China Automobile Association pointed out that the production and sales in January showed a substantial year-on-year growth, but from the perspective of month on month, the production fell faster, reflecting that the insufficient supply of automotive chips affected the pace of enterprise production.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> looking forward to the first quarter of this year, China Automobile Association said that portant; word wrap: break word! Important; font size: 14px; color: rgb (217, 33, 66);"> There are still many uncertainties in the epidemic changes and the external environment, especially the tight supply of chips, which will have a certain impact on global automobile production, and then affect the stability of the operation of China's automobile industry

portant; overflow-wrap: break-word ! important; ">portant; word-wrap: break-word !important; font-size: 14px;"> portant; word-wrap: break-word ! important; line-height: 28px; "> localization acceleration

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> the latest report of semi and SIA shows that in 2020, the semiconductor sales of U.S. enterprises accounted for nearly half of the global market, but the U.S. chip manufacturing accounted for only 12% of the global market.

portal; overflow wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> in contrast, the process of chip localization is accelerating.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> China Resources micro cut into the automotive electronics market from two aspects: extension and internal research and development. The relevant person in charge of China Resources micro said that automotive electronics is the focus of the company. At present, the proportion of automotive electronics business revenue is not high, and the company will explore the possibility of cooperation with complete vehicle manufacturers.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> a vehicle scale MOS-FET sealing line of jiejie microelectronics has achieved small batch production. Yan Chengxiang, director of jiejie microelectronics, said: we have not yet opened the automotive market, some customers are in the sample delivery stage, and many customers have not been introduced.

portal; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> under the tide of stock shortage, it is obvious that automotive customers' willingness to use domestic supply chains is increasing, especially state-owned automotive enterprises. The director of a chip leading enterprise in South China said that for domestic automotive customers, we have import plans, and the company's two vehicle specification products are being certified.

portal; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> Li Ming (a pseudonym), the Secretary of A-share chip company, said: Recently, some domestic customers came to us. Power devices are the core products in automotive chips. Customers are generally cautious in choosing such products. Previously, they thought imported products were good and were unwilling to take risks to change suppliers. Changes in external factors have driven these enterprises to accelerate the pace of importing domestic chips.

portant; overflow Wrap: break word! Important;"> portant; word-wrap: break-word ! important; font-size: 14px; "> relevant institutions pointed out that the key to breaking through the difficult situation of chip demand is to realize the localization of the industrial chain. Recently, the overall high prosperity of the chip industry is mainly caused by the shortage of production capacity, and the starting point of price rise starts from the wafer manufacturing end. The high momentum will be transmitted to the upstream material field, and it is expected that 2022 will usher in the opportunity of import substitution + downstream wafer factory expansion