{"product_id":"oem-risk-mitigation-strategies-for-the-chip-shortage","title":"OEM Risk Mitigation Strategies for the Chip Shortage","description":"\u003cp\u003eOEM Risk Mitigation Strategies for the Chip Shortage\u003c\/p\u003e\n\n\u003cp\u003eThe Chip Shortage Crisis has Permanently Impacted the Automotive Industry, Rendering it Wary of Supply Competition, and it is Rebalancing Global Automotive Chip Supply Chains\u003c\/p\u003e\n\n\n\n\u003cp\u003eThe automotive industry is heavily reliant on semiconductor chips for various critical functions, including engine management, infotainment systems, and advanced driver-assistance systems (ADAS). However, the global shortage of semiconductor chips, which emerged in 2020 and continued into 2022, has severely impacted automotive original equipment manufacturers (OEMs) worldwide. To counter this challenge and navigate the crisis, automotive OEMs have implemented several mitigation strategies, and their financials indicate that most have returned to pre-pandemic growth rates.\u003c\/p\u003e\n\n\n\n\u003cp\u003eNevertheless, the semiconductor crisis is far from over for the automotive industry. Most of the measures taken to tide over the crisis (for example, government litigation to enable capacity addition and increase supply and expansion plans, which several chip suppliers undertook) are yet to bear fruit. Semiconductor manufacturing is an extremely complex process with long lead times, making it impossible to increase or decrease supply within a brief period, which resulted in the crisis in the first place. Setting up chip manufacturing facilities takes a considerable period of about 3-4 years. Despite this, most of the automotive industry has emerged from the crisis and is moving ahead. Moreover, different OEMs have had varying impacts on their operations, depending on their geographic location and a gamut of other factors.\u003c\/p\u003e\n\n\n\n\u003cp\u003eThis Frost \u0026amp; Sullivan study offers an in-depth strategic analysis on OEM performance during the crisis and the various measures being taken to tackle it.\u003c\/p\u003e\n\n\n\n\u003cp\u003eKEY ISSUES ADDRESSED\u003c\/p\u003e\n\n\n\n\u003cp\u003eHow important is the semiconductor chip in the automobile?\u003c\/p\u003e\n\n\u003cp\u003eWho are the key market participants? What are their market shares?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the sequence of events leading to the crisis?\u003c\/p\u003e\n\n\u003cp\u003eHow has the automotive industry contributed to the crisis? What is a brief timeline of the various measures it has adopted since the crisis commenced?\u003c\/p\u003e\n\n\u003cp\u003eHave all the OEMs been impacted uniformly? What has caused the differential impact? Is there a geographical bias, and why?\u003c\/p\u003e\n\n\u003cp\u003eWho are the least-impacted and most-impacted OEMs? What strategy do they employ?\u003c\/p\u003e\n\n\u003cp\u003eWhat are some interesting partnerships among stakeholders?\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"August, 2023 \/ - \/ MCW16281849","offer_id":47711836832050,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/oem-risk-mitigation-strategies-for-the-chip-shortage","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}