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Wk 40 Electronics Supply Chain Digest

3.10.2023
Reading Time: 4 mins read
A A

Electronics Supply Chain Weekly Digest 09-29-23

DATAPOINT OF THE WEEK:

RelatedPosts

June 2025 Interconnect, Passives and Electromechanical Components Market Insights

Wk 24 Electronics Supply Chain Digest

Wk 23 Electronics Supply Chain Digest

Weekly auto sales in China continued to improve towards the end of Sep according to data from the China Passenger Car Association (CPCA). From Sep 1 to Sept 24 retail sales of all light vehicles increase 13% Y/Y and 6% compared to the same period last month, while xEV sales increased 33% Y/Y and 11% compared to last month.

Headlines:

Auto

  • China government seeking to build self-sufficient EV supply chain; asking auto OEMs to source chips locally
  • EU car group calls for urgent action on post-Brexit trade to avoid tariffs on EVs traded between the block and UK
  • EU ministers agree to watered-down Euro 7 emissions rules
  • Ford pauses work on $3.5 bln battery plant in Michigan; setbacks UAW negotiations
  • Canadian union Unifor sets Oct 9 deadline for GM negotiations
  • Hyundai, Kia recall nearly 3.4 million cars due to fire risk
  • Lucid opens first international EV factory in Saudi Arabia
  • Mitsubishi Automotive to exit China production
  • Stellantis planning new automotive architecture to reduce number of semis in a car
  • Tesla China exports to be part of EU anti-subsidy probe
  • Tesla deliveries expected to fall on plant shutdowns Q/Q; risk of further price cuts seen in 4Q
  • Toyota global production increased 4% Y/Y in Aug; domestic up 22%
  • VW cutting EV production in Germany due to falling demand
  • VW, Audi and Porsche production halted for two days due to IT outage
  • UAW expands strike to two Ford and GM assembly plans; spares Stellantis; lowers demand to 30% wage increase
  • US new auto sales expected to increase 13% Y/Y in September says Cox; 3Q SAAR down from 2Q with further decline expected in 4Q

Datacenter

  • Accenture’s mixed quarterly results indicate continued softness in traditional IT demand

Semiconductors

  • China’s chip equipment firms see revenue surge as Beijing seeks semiconductor self-reliance
  • Japanese government to increase subsidies for TSMC and Kioxia/WDC JV
  • US to indefinitely extend China waiver for South Korean chipmakers
  • Intel 4 node using EUV enters production in Ireland
  • Microchip announced new FPGA and SoC technology and products
  • GlobalFoundries starting production of Microchips 28nm NVM flash controller
  • Micron to invest $3.3B in 1-gamma process tech including EUV; production targeted for 2025 in Japan
  • Nvidia has placed 3nm orders with TSMC for its upcoming Blackwell architecture
  • NXP targeting 5nm chips for automotive ramping up in 2025
  • Raspberry Pi launched gen 5 of its SBC
  • Samsung Foundry 8-inch utilization dropping below 50%; Samsung seen cutting prices
  • SIA sees shortage of 67,000 workers in semis industry by 2030
  • The UK to probe Qualcomm’s plan to buy Autotalks
  • TSMC boosts orders for CoWoS equipment by 30% to meet growing AI demand
  • TSMC may delay 2nm production to 2026, creating a widow for Intel to catch up

Consumer

  • Apple planning to increase iPhone production in India 5x over the next few years
  • Apple iPhone 15 Pro users complain about overheating
  • Fire accident at Pegatron India temporarily halts iPhone production
  • Global table shipments decreased 5% Q/Q in 2Q says DigiTimes; 2H demand to remain muted
  • Huawei launches new smart glasses, headphones, tablet and a smartwatch
  • PC shipments in the US expected to rebound Y/Y for first time in 4Q says Canalyst
Source: Edgewater Research

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