Update on the semiconductor shortage and outlook for 2023 and beyond

“While the supply-side issues won’t see any immediate relief the demand side will bring some respite”

From the first rumblings out of China in December 2020 the semiconductor has gone on to dominate discussions around the automotive sector. The issues are still ongoing – just last week Jaguar Land Rover announced it was slowing production of certain models due to a continuing supply squeeze – and a few voices in the industry are being heard speculating that the crunch will last until 2026. To get a perspective on the current situation and future developments we talked with Jeremie Bouchaud, S&P Global Mobility’s semiconductor practice lead.