Global Semiconductor Shortage: Why it Happened and Where We Go from Here

It’s impossible to ignore the global semiconductor shortage has been in the news lately. And it probably won’t be going away any time soon. The impact on automakers, and ripple effect on their suppliers, is significant. A recent case in point is this June 30 article on production slowdowns at Ford plants:  

Understanding Supply Chain Disruptions and Raw Material Shortages

“Automotive electronics, which may include everything from displays to in-car systems, are set to account for an estimated 45% of a car’s manufacturing cost by 2030, according to a Deloitte report,” reports this article from Bloomberg. Clearly a component in demand, semiconductors have expanded the driving experience immensely for consumers.