The global chip shortage has created major disruptions in the automotive market, and companies such as Ford, General Motors, Toyota and others have struggled to cope with the shortage of young coaches.
Most of them have turned to temporary production, and some have decided to sell cars without any plans, all in an effort to reduce the number of chips needed.
And while the industry continues to struggle to find a way to reduce the impact of chip shortages on their manufacturing operations, some good news finally comes from a U.S. chipmaker. GlobalFoundries.
The company has announced that it expects its chip product to be more than double the volume it recorded in 2020, and in addition, hopes to increase capacity even further by 2022.
So in other words, its production has doubled this year and will continue to grow next year, GlobalFoundries is ready to invest more than $ 6 billion to increase its production capacity at the global level.
In plain English, this means that GlobalFoundries wants to make more chips in all its facilities, not just those in the United States, trying to adapt production and demand and therefore, send more semiconductors with automotive applications, and increase existing ferries to adapt to the automotive industry. .
In theory, this is all good news, but on the other hand, company officials warn that the global chip shortage will not end overnight. And while its production capacity is growing, it is still expected that the shortage of students who practice ethical behavior will continue until 2023, so automotive psychologists say they still have two more years to tackle the problem.
Earlier this month, Ford announced the suspension of production lines for the Ford F-150, citing a lack of chips for a reason. General Motors has also confirmed that it has plans to boycott several North American plants, blaming the same problem for its decision. Toyota also lowered production expectations for this year, estimating that production could rise in the last months of the year.
