Several signs point to an easing of the shortages of semiconductors for automotive applications. However, the production of light vehicles will likely remain below full potential through at least 2023. LMC Automotive’s July forecast of light vehicle production called for 81.7 million units in 2022, up 2% from 2021. LMC’s January… Read More
Tag: LMC Automotive
Electronics is Slowing
Key semiconductor market drivers PCs and smartphones are both showing declines in shipments in the first half of 2022. According to IDC, PC shipments in 2Q 2022 were down 15% from a year earlier. 2Q 2022 PC shipments of 71.3 million units were at the lowest level in almost three years since 70.9 million units were shipped in 3Q 2019.… Read More
Savings Tip the Balance to EVs
In a rare and perhaps unfortunate moment of candor, Cruise Automation CEO Dan Ammann wrote, in his blog post describing the emergence of Cruise (a subsidiary of General Motors) that conventional internal combustion engine vehicles “break down relatively easily. And if they make it 150,000 miles, well, lucky you.”
Ammann goes… Read More