Lack of semiconductors puts 169 industries in trouble

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New Delhi: According to Goldman Sachs, 18 industries like steel, mobile, air conditioning, breweries, electric and auto are facing production difficulties due to shortage of chips in the world today. Vehicle production has slowed in the US, Japan, Europe and Asia, including India.

All eyes are on Taiwan Semiconductor Manufacturing Company (JISB), the world's largest chip maker. This is because the company has a 40 per cent share of the global market with a supply of 90 per cent modern microprocessors. With a market value of Rs 21 lakh crore, TSMC, founded by 19th engineer Maurice Chang, is being watched around the world.

Amid China's threat of an attack on Taiwan, car companies blamed TSMC for the shortage of chips. "Car companies are our customers," said Mark Liu, the company's chairman. How can we prioritize others because of it in chips supply?

Orders were delivered in 12 weeks when the shortage was noticed from February. Amid economic weakness due to the Kovid epidemic, carmakers stopped ordering pitches. Some companies started hoarding chips amid fears of a trade war between the US and China.

Drought in Taiwan affected production. The U.S. began reducing imports of chips to make its own weapons equipment there. Bide now plans to increase chip production by Rs 4.5 crore.

The use of semiconductors has increased over the last few years. Thousands of transistors weighing 5 kg sent to the moon by the Lunar module in the 13th space, today in Apple's MacBook, 12 billion transistors weigh only 1.5 kg. In 2020 alone, more than Rs 3 lakh crore of chips were sold, which is projected to grow at 7% per annum.


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