Automotive electronics concept on the 14th day of the intraday strength to push up, as of press, core Yuan shares up more than 10%, China porcelain Electronics, China Automotive Research, Shenda shares and other limit, Daotong technology up nearly 9%, Hanchuan Intelligent, Minxin shares, Jinlong Electromechanical, etc. up more than 7%.
Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, said that the chip shortage, which started in late December, has had a big impact on the production in the first quarter of 2021 and may have an impact on the second quarter.
The shortage of automotive chips appears to be a global problem, not just in China, according to the report. Several auto giants, including Ford, Fiat Chrysler and Toyota, have announced they will cut production because of the chip shortage. Germany's Volkswagen said late last year that it would adjust production at factories in China, North America and Europe.
Today, analysts say, most cars require at least 40 more chips, and as many as 150 in high-end models, so any lack of them can hurt production. As the auto market gradually recovers in the second half of the year, especially in China, chip makers have been unable to cope with surging demand for auto chips, leading to a stagnation in supply.
Faced with a shortage of automotive chips, manufacturers have ramped up production, but also offered to increase the price of automotive chips. Some industry insiders believe that the tight production capacity is unlikely to be alleviated in the short term, and the price rise of the whole industry chain is expected to continue for a long time in 2021.
Since December, several automakers have halted production, led by Volkswagen in the North and South, mainly because of a shortage of automotive chips, especially high-end semiconductor chips, according to Wanlian Securities. Chips are widely used in the automotive field, which is the premise of realizing automotive information perception and control. The import rate of domestic automotive chips is as high as 95%, among which key chips such as power system, chassis control and ADAS are monopolized by foreign giants. The epidemic affects the supply of overseas chips, and the production capacity of some automobile enterprises may be limited in the short term. In the medium and long term, it reflects the trend that domestic automotive chips are in urgent need of independent replacement, which is conducive to the accelerated development of domestic independent chip enterprises and independent research and development of ADAS enterprises. It is suggested to focus on this.