Carmakers believe the worst chip shortages will be in the first half of 2021, forecasts stretched into the third quarter, and the heads of Volkswagen AG and Daimler AG expanded their guesses. More on when the supply issue will stop limiting car production.
According to Arabiya Net, Volkswagen CEO Herbert Diess said today, Monday, that we will likely remain in a state of shortage for the coming months or even years because the demand for semiconductors high.
He added: The Internet of Things is growing and it will take time to ramp up capacity to meet demand, according to Bloomberg TV, and seen by Al Arabiya.net.
Dess and his counterpart at Daimler, Ola Källenius, have voiced their fears about the current plight, as most of Europe's automakers gather in Munich for the first auto show since before the outbreak of the epidemic. Kallenius warned Sunday that the semiconductor shortage may not completely disappear next year and may extend into 2023.
Volkswagen and Mercedes are among the automakers that have been hit by factory closures in Malaysia this quarter, which in recent years have emerged as a major center for foil and packaging testing, with major suppliers , including Infineon Technologies AG, NXP Semiconductors NV and STMicroelectronics NV to operate their plants in Malaysia.
Kallenius said there is hope that the situation will begin to ease in the fourth quarter, although he expects that the fallout from the structural demand problem will also affect industries in 2022. He added that the supply crisis could continue throughout the next year.
For his part, the head of purchasing at Volkswagen, Murat Axel, told reporters late Sunday that the auto industry around the world will need to Approximately 10% more chip production capacity.