Also, it's no use making stuff
if no one has the money to buy it. No amount of greenwash legislation is going to "nudge" people to spend money they can't get.
Toyota is to slash global production of motor vehicles due to the semiconductor shortage. The news comes as Samsung pledges to invest about $360 billion over the next five years to bolster chip production, along with other strategic sectors. In a statement, Toyota said it has had to lower the production schedule by tens of …
My car was hit from the side and declared a "total loss". The insurance is paying out 9% more than I paid for it 2 years ago.
Not a good time to need a replacement though, as second hand are hard to find and expensive, whilst new have a 9+ month lead time.
I slid on some wet leaves avoiding a deer and went in the ditch. No mechanical damage to my car, but it tore off most of the (plastic) front bumper cover and air dam so it looks a bit unsightly. My car is old enough it isn't worth repairing cosmetic damage. I figured might as well drive it like this over the winter, and I'll get a new car in the spring - well new for me, I always buy one 2-3 years old to miss the worst of the depreciation.
Then covid hit and I couldn't visit showrooms so I figured "later this year" but wasn't driving all that much and showrooms were still mostly appointment only so it became "next spring". When spring 2021 rolled around suddenly used car prices were through the roof. Experts were saying that would only last 6-12 months, and I wasn't going to buy a car that would lose $10K+ in value in a year so I figured "OK spring 2022" but we still have crazy high car prices so now I'm starting to think it'll be 2023. At this rate when I finally buy it'll be a flying car! If I do I hope flying deer haven't evolved by then.
A car that's declared a "total loss" that isn't still drivable will be sold for scrap. They already pay you for stuff like the recyclable metals in the catalytic converters, if they can economically remove/resell chips the scrap price for cars will increase a bit.
Lead times of 9 months I think is optimistic.
Certainly for VW if you want an Up! or Polo it looks moderately okay but anything coming from Germany is horrendous.
We had our Golf Estate hit last October and written off (hit and run on the M25 to make it even worse) and the replacement has slipped from April, then July to January 23 and now, no delivery schedule.
The only plus is that the price is fixed regardless (unless of course they stop producing them). Not quite sure what happens at that point. I have resisted a cash settlement from the insurers for that very reason. The second hand cars are currently more than we paid for the new one last year.
I note that some vehicles do last longer than they used to decades ago. Modern lubricants and engine management systems can take much of the credit IMHO. However I note an increase in "classic car" restoration lately. Aside from 3rd party parts makers, simpler engines can have new parts machined up for many components. Location makes a difference. Being away from coast doubles body life in Oz. Does Europe and USA still throw salt on roads in cold weather?
So we are supposed to believe a VP of a company (Gartner), who's sole business model is "Pay us a bunch of money and we'll say good things about your business so that other people who paid us money to say good things about THEIR business will spend money on YOUR business " vs a company who is shelling out $360 Billion over 5 years. Yeah, I'll count on it.
how about decreasing how many chips are needed for a car? Does it really need a built-in cellphone modem? Do the seatwarmers' switches have to be wired to chips, or can they be connected via those newfangled "relay" thingies?
For that matter, we can dramatically reduce chip usage elsewhere - refrigerators, air conditioning, coffeemakers, clothes washers and dryers, etc. Not everything needs a screen and 'net connection!
how about decreasing how many chips are needed for a car?...Do the seatwarmers' switches have to be wired to chips, or can they be connected via those newfangled "relay" thingies?
While I agree that cars include many computerish features of dubious value, it's not trivial to replace the chips. That buttwarmer switch has a thin data wire and a thin power wire. The relays are (probably under) each seat. To move the relay to the switch, you'd need to route the buttwarmer power circuit through the switch.
All those controls in the steering wheel/column are just inputs to computer chips which then transmit commands over the data bus which are received by the target devices. Anything you replace with a relay would require you to route the respective power circuit through the switch itself. Imagine rewiring every power window and lock through the driver door handle!
This is why older cars had hefty electric cables in the steering column.
In yet another sign of how fortunes have changed in the semiconductor industry, Taiwanese foundry giant TSMC is expected to surpass Intel in quarterly revenue for the first time.
Wall Street analysts estimate TSMC will grow second-quarter revenue 43 percent quarter-over-quarter to $18.1 billion. Intel, on the other hand, is expected to see sales decline 2 percent sequentially to $17.98 billion in the same period, according to estimates collected by Yahoo Finance.
The potential for TSMC to surpass Intel in quarterly revenue is indicative of how demand has grown for contract chip manufacturing, fueled by companies like Qualcomm, Nvidia, AMD, and Apple who design their own chips and outsource manufacturing to foundries like TSMC.
The demand for consumer electronics has slowed down in the face of inflation – but that didn't stop nine of the world's 10 largest contract chip manufacturers from growing in the first three months of the year.
That's according to Taiwanese research firm TrendForce, which said on Monday the collective revenues for the top 10 chip foundries grew 8.2 percent to $31.96 billion in the first quarter of 2022 from the previous quarter. That's a hair slower than the 8.3 percent quarterly growth reported for the top-ten foundries in the fourth quarter of last year.
On a broader level, TrendForce said this revenue growth came from a mix of "robust wafer production" and foundries continuing to raise the prices of wafers as a result of high demand.
Taiwanese chipmaker TSMC has revealed details of its much anticipated 2nm production process node – set to arrive in 2025 – which will use a nanosheet transistor architecture, as well as enhancements to its 3nm technology.
The newer generations of silicon semiconductor chips are expected to bring about increases in speed and will be more energy efficient as process nodes shrink and the tech industry continues to fight to hang onto Moore's Law.
The company is due to go into production with the 3nm node in the second half of this year.
Samsung vice chairman Lee Jae-yong is said to be courting Dutch chipmaker NXP on a visit to Europe to bolster the company's position in the automotive semiconductor market.
According to the Asian Tech Press, Jae-yong, who has been released on probation after serving time on corruption charges, is expected to visit several chipmakers and semiconductor manufacturing vendors including the Netherland's NXP and ASML, as well as Germany's Infineon. Press became aware of Jae-yong's plans after a Seoul Central District Court approved the vice chairman's travel plans.
NXP offers a wide array of microprocessors, power management, and wireless chips for automotive, communications, and industrial applications. However, the Asian Tech Press said Samsung's interest in the company, which is valued at approximately $56 billion, is primarily rooted in the company's automotive silicon.
Taiwan's state-owned energy company is looking to raise prices for industrial users, a move likely to impact chipmakers such as TSMC, which may well have a knock-on effect on the semiconductor supply chain.
According to Bloomberg, the Taiwan Power Company, which produces electricity for the island nation, has proposed increasing electricity costs by 15 percent for industrial users, the first increase in four years.
The power company has itself been hit by the rising costs of fuel, including the imported coal and natural gas it uses to generate electricity. At the same time, the country is experiencing record demand for power because of increasing industrial requirements and because of high temperatures driving the use of air conditioning, as reported by the local Taipei Times.
Toyota and Subaru are recalling several thousand electric vehicles that might spontaneously shed tires due to self-loosening hub bolts.
Toyota issued the recall last week for 2023 bZ4X all-electric SUVs, 2,700 of which are affected, the automaker said. Subaru is recalling all-electric Solterras, which were developed jointly with Toyota and have the same issue, Reuters reported.
Japan's auto safety regulating body said "sharp turns and sudden braking could cause a hub bolt to loosen," Reuters said, though it's unknown if any actual accidents have been caused by the defect. In its recall notice, Toyota said "all of the hub bolts" can loosen "after low-mileage use," but said it was still investigating the cause of, and driving conditions that can lead to, the issue.
Taiwan's GlobalWafers announced on Monday a new use for the $5 billion it first earmarked for a purchase of Germany's Siltronics: building a 300-millimeter semiconductor wafer plant in the US state of Texas.
Construction on the facility – which will eventually span 3.2 million square feet – is expected to commence later this year, with chip production commencing by 2025. The plant will sit in the city of Sherman, near the Texas-Oklahoma border, where it is slated to bring in 1,500 jobs as production climbs towards 1.2 million wafers per month.
GlobalWafers is the world's third largest producer of silicon wafers and Sherman is already home to its subsidiary, GlobiTech.
The global economy may be in a tenuous situation right now, but the semiconductor industry is likely to walk away from 2022 with a "healthy" boost in revenues, according to analysts at IDC. But beware oversupply, the analyst firm warns.
Semiconductor companies across the world are expected to grow collective revenues by 13.7 percent year-on-year to $661 billion, IDC said in research published Wednesday. Global semiconductor revenue last year was $582 billion.
"Overall, the semiconductor industry remains on track to deliver another healthy year of growth as the super cycle that began in 2020 continues this year," said Mario Morales, IDC group vice president of semiconductors.
If you've been ripping your hair out about the ongoing semiconductor shortage, you should know that chip manufacturers are at least trying to spend their way out of the problem at record levels.
Chipmakers across the world are expected to increase spending on equipment for front-end manufacturing plants by 20 percent to an all-time high of $109 billion in 2022, according to the latest World Fab Forecast report from semiconductor industry group SEMI.
To help illustrate how much money semiconductor companies are spending on fab equipment, consider the fact that they only handed over $55 billion for new kit in 2019, which means that the estimated investments this year represent a roughly 2x increase from three years ago.
Australia’s Competition and Consumer Commission has fined Samsung Electronics AU$14 million ($9.6 million) for making for misleading water resistance claims about 3.1 million smartphones.
The Commission (ACCC) says that between 2016 and 2018 Samsung advertised its Galaxy S7, S7 Edge, A5, A7, S8, S8 Plus and Note 8 smartphones as capable of surviving short submersions in the sea or fresh water.
As it happens The Register attended the Australian launch of the Note 8 and watched on in wonder as it survived a brief dunking and bubbles appeared to emerge from within the device. Your correspondent recalls Samsung claiming that the waterproofing reflected the aim of designing a phone that could handle Australia's outdoors lifestyle.
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