In 2021, the global satellite-manufacturing industry was valued at $25
billion, predicted to increase significantly over the next decade from
380 to 1,700 new satellites annually. Satellites and spacecraft need
lots of electronic components and semiconductors in particular, have
enabled many new applications for space technology.
LICKING COUNTY, Ohio, Jan. 21, 2022 – Intel today announced plans for an
initial investment of more than $20 billion in the construction of two
new leading-edge chip factories in Ohio.
The supply chain has suffered an unprecedented series of disruptions
during the past two years and many are easy to identify: Covid-19
related factory closures; the grounding of the Ever Given;
a lack of skilled workers and of course, not enough semiconductors.
The pandemic has amplified supply chain issues across industries.
Whether it was a trade restriction or a product shortage, all industries
have felt the impact at some level over the past 18 months. Today, one
of the most notable disruptions impacting companies across all sectors
is the supply-demand imbalance of semiconductors, which has created
the ongoing chip shortage.
A combination of global risk factors
will lead to the supply chain industry taking until 2023, and possibly
beyond, to resolve the current electronic component shortage issues.This is according to global technology intelligence research firm ABI Research’s Technology Trends White Paper that analyses 70 trends that will shape the tech sector in 2022.
Chip shortage made headlines across the globe, letting even people
outside the technology business know the worth of semiconductor devices.
Now, as the new year dawns, the million-dollar question is how this
shortage will pan out in 2022 and beyond.
Samsung and Micron have slowed operations at their memory chip facilities in Xi’an after a Covid outbreak forced the city of 12 million to enter lockdown on Dec. 23.
increase in Covid-19 cases globally and a fresh round of restrictions
imposed in China and Hong Kong have started to worsen an already
fractured supply chain of components, senior executives at several
electronics and automobile companies said.
Delivery times for chips lengthened again in November, dashing hopes that the end of shortages that have hammered many industries is finally in sight. The lead times -- a closely watched gap between when a semiconductor is ordered and when it's delivered -- increased by four days to about 22.3 weeks last month compared with October...
One year on, how have manufacturers adapted to the ongoing
components shortage? What’s the outlook in 2022? What strategies would
help improve the resilience of manufacturers’ supply chains? These and
more in this month’s In Focus series.