GM Korea recently decided to cut the production volume of Bupyeong Plant 2 to half the previous level due to shortage of semiconductors for vehicles. The photo shows a production line at the Bupyeong plant that was stopped due to a supply disruption due to the spread of Corona 19 in February of last year. Hankyung DB
It is predicted that the automotive semiconductor market, which is experiencing an explosion in demand globally, will be 16% larger this year.
According to the industry on the 8th, according to a report recently published by IC Insights, a global market research firm, the automotive semiconductor market is expected to increase by 16% from the previous year.
This reflects the recent global shortage of semiconductor supply for vehicles.
The recent shortage of semiconductor supply for vehicles is the result of a sharp decline in automobile sales in the first half of last year due to the novel coronavirus infection (Corona 19), and companies in Europe and Japan such as the Netherlands and Germany changed their production to other semiconductor products such as smartphones and home appliances instead of vehicles.
GM, a US automaker, recently stopped operating three factories in the US due to a lack of semiconductors for vehicles, and started to cut production in Korea. It is known that Volkswagen, Audi, Ford, Toyota, and Honda have also started reducing production of some models.
In this situation, attention is also drawn to the movement of domestic semiconductor manufacturers. Samsung(83,800 +0.36%)Automotive semiconductors account for a small portion of total sales. The industry believes that it cannot rule out the possibility that Samsung Electronics will expand its automotive semiconductor line, considering the trend of future automotive semiconductor price hikes.
While Samsung Electronics has officially formulated a “meaning merger and acquisition (M&A)” within three years, there is a prospect that it will acquire a global automotive semiconductor company in the market.
Reporter No Jeong-dong Hankyung.com [email protected]
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