Industry News

Automotive chips will remain hot

Update time : 2022-09-07 14:48:50

The latest report released by the Semiconductor Industry Association (SIA) recently showed that in June this year, global semiconductor chip sales were US$50.8 billion, a year-on-year increase of 13.3%, lower than 18% in May and a month-on-month decrease of 1.9%. The growth rate has slowed for six consecutive months. According to Gartner's latest forecast, global semiconductor revenue is expected to grow by 7.4% in 2022, down from the 13.6% forecast in the previous first quarter, and well below the 26.3% in 2021.

Automotive chips are divided into four categories: main control chips, memory chips, power chips and sensor chips. Under the trend of electrification and intelligence, the main changes in automobiles are oil-driven electric drive, the development of automotive electronic and electrical architecture from distributed to centralized, and the increase of hardware required for autonomous driving. Benefiting from the above trends, the value of semiconductor bicycles will continue to increase.
Although the semiconductor industry is currently in a downward cycle, "reciprocation of profits and losses" is the law of industrial development. The reporter learned in the interview that the global semiconductor industry may enter a new cycle after experiencing rapid growth. Automotive chips, AI large computing power chips, integrated storage and computing chips, new energy vehicles, etc. will become the main drivers of the new cycle. driving force.
This year, the semiconductor market has entered an adjustment cycle from a shortage cycle. However, even if the consumer market declines, automotive chips are still very popular and are expected to become an important market driving force for the semiconductor industry to start a new cycle. Nearly 3 million vehicles have been cut so far in 2022, according to auto industry data forecasting firm AFS. That number is expected to grow to more than 3.8 million by the end of the year.
Overall, it may take until 2023 or even after 2023 for the auto industry to really gradually recover from the tight supply of chips. Sam Fiorani, vice president of global automotive forecasting at AFS, has previously confirmed this inference. In his view, the supply of automotive chips "is not a problem that can be solved quickly."
However, the shortage of automotive chip supply will also bring new growth opportunities for some markets.

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