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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:

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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

Related

Source: Edgewater Research

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