There was a time when, if you wanted to make semiconductor integrated
circuits and chips, you had to have your own fabrication facility or
fab. Back then, the semiconductor industry was vertically integrated,
with companies owning and operating their fabs and performing the
assembly and testing of their own chips.
The global semiconductor shortage has opened the door for criminals who
want to cash in on the scarcity of these valuable components. According
to the Wall Street Journal, this has pushed some buyers to take risks that they may not have even considered before.
Micron Technology, the largest American memory chip maker, said some
customers in the personal computer space are paring DRAM and NAND
purchases amid an ongoing shortage of other chips. And it is taking a
has sent traumatic ripples through supply chains around the globe, but
the semiconductor supply chain was fragile long before governments shut
down and catastrophe struck. In a culmination of negative variables, the
chip shortage has amassed over the years from a series of unfortunate
Manufacturers are warning that further disruption to China's energy supply would wreak havoc on the tech supply chain as the industry prepares for peak production season, including that of the latest iPhones.
Many experts believe that the global chip shortage could extend deep into 2022—only fueling existing concerns over semiconductor availability.
Memory-chip giant Micron Technology this afternoon reported
fiscal Q4 revenue and profit that both topped Wall Street's
expectations, but an outlook for the current quarter's revenue and
profit that was well below consensus.
The global chip shortage has plagued the electronic industry for close
to a year. But a majority of electronics manufacturers now say they are
also struggling to hire workers to run their factories, leading to
longer delays in shipping products.
In 2001, there was so much excess component inventory in the supply
chain that more than $13 billion worth of semiconductors alone was
written down or off by component makers, distributors and customers.
People still wince at the memory.
There are many horror stories. A Japanese manufacturer turned to
e-commerce giant Alibaba, unable to procure semiconductors from regular
channels due to a global chip shortage. But when the chips arrived, they
didn’t turn on.