Component Sense Blog

Tag: industry news

Global Chip Maker TSMC Threatened by Taiwan Water Crisis

Global Chip Maker TSMC Threatened by Taiwan Water Crisis
Chip manufacturers in Taiwan, including TSMC, are buying water by the truckload for some of their foundries, as the island widens restrictions on water supply amid a drought that could worsen the global chip crunch. Taiwan, one of the world's biggest producers of chips, had promised to help the US, Germany and Japan by bridging the shortage of auto chips, but some auto chip makers have already been forced to reduce production. A key hub in the global technology supply chain for giants such as Apple Inc, Taiwan has started to further reduce water supply for factories in central and...

Severe Weather Halts Production at Texas Chip Plants

Severe Weather Halts Production at Texas Chip Plants
Severe weather conditions in the US state of Texas over the last ten days have closed down chip manufacturing locations, including semiconductor production at three of the US’ main suppliers based in Austin: Infineon, NXP and Samsung Electronics. Those closures compound the current shortage in the supply of semiconductors to the automotive industry, which is affecting production. Texas is facing historically cold weather conditions, leading to blackouts across the state, cutting power to 4m people. Energy providers are focusing on securing supply to residential and healthcare customers, and have asked manufacturers to reduce or suspend output during the storm. Semiconductor...

European Chip Shortage Threatens China’s Auto Industry

European Chip Shortage Threatens China’s Auto Industry
According to industry officials, a shortage of European-made chips used in automotive manufacturing threatens to disrupt production in China well into 2021, with chip makers announcing that they may raise prices and expand production in response. From computerised engine control for improved fuel economy, to driver assistance systems such as emergency braking, the auto industry has become increasingly dependent on chips - many of them manufactured in Europe. Due to Covid-19 lockdowns, early 2020 saw a slowdown in automotive production, but the industry has seen a resurgence in demand as consumers look to travel in private vehicles rather than using...

Hearables Market to Reach $146 Billion by 2030

Hearables Market to Reach $146 Billion by 2030
While the Covid-19 pandemic caused delays to the production and shipments of hearables technology in early 2020, consumer demand has remained strong. This has largely been driven by increased digital media consumption, the widespread shift to home-working, and the popularity of virtual fitness coaching. As manufacturers continue to enhance hearables over the next 3 years, with more artificial intelligence (AI) and audio and sensor technologies, the market is projected to grow at a compound annual growth rate of 17% from $26bn in 2019 to $146bn by 2030, according to industry analysts, GlobalData. According to a new report from GlobalData, while...

Disappointed 5G Users Return to 4G

Disappointed 5G Users Return to 4G
South Korea’s 5G mobile network, the first and largest 5G network in the world, has come under heavy criticism from consumers. Launched in April 2019, and with over 9 million subscribers, South Korea constitutes approximately 80% of global 5G users, according to industry body GSMA. Demand for 5G was initially driven by a combination of aggressive marketing and subsidies, but now South Korea is seeing users cancel contracts to return to older technologies due to poor connectivity, weak signals, and promised internet speeds not being met. Many consumers have also expressed frustration at the cost of 5G phones and the...

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