[Epoch Times, February 25, 2022](The Epoch Times reporter Liu Yi comprehensive report) The shortage of automotive chips in mainland China has led to soaring prices. The price has generally risen several times to dozens of times. One chip even increased from 20 yuan to 2800 yuan. Yuan Renminbi. Some people in the industry believe that the shortage of automotive chips will continue.
According to a report by mainland CCTV Finance on February 24, the ST L9369 chip is the core chip of the body electronic stability system produced by STMicroelectronics. Since the chips used in automobiles have stricter requirements on applicable temperature and other indicators than ordinary chips, there are basically no alternative products. In the previous year, due to the impact of the epidemic in Southeast Asia and other places, the output of chip factories has been greatly reduced, and the price of this chip with an original price of only about 20 yuan (RMB, the same below) has risen sharply. A merchant in the SEG Electronics Market in Huangpu District, Shanghai said that the chip is now priced at 2,800 yuan, excluding tax.
The SEG electronics market in Shanghai’s Huangpu District is the largest semiconductor trading market in Shanghai. Since the shortage of auto chips, many auto parts manufacturers will choose to try their luck here when they cannot order enough chips.
And L9369 is not the only automotive chip whose price has risen sharply. At present, the prices of most automotive chips are rising, and the increase is several times smaller.
What’s more serious is that there is no stock even though the price is soaring. Many shopkeepers in the SEG electronics market revealed that they currently have less than 100 chips in stock, and it is basically impossible for downstream companies to purchase a large amount of spot.
The report said that the chip market is now in a situation where prices are uncertain, supply is uncertain, and the delivery time after ordering is uncertain.
According to industry insiders, the tight supply of chips will continue in the short term.
Surging News said on the 23rd that the German power chip maker Infineon is very optimistic about market expectations. Infineon said that the electrification and digitization of the automotive industry continues to accelerate, and the demand for semiconductor solutions is still at a peak level. Most semiconductors, especially foundry-produced products, continue to be in tight supply, and industry supply-demand imbalances are expected to persist throughout 2022, especially in the automotive sector.
Minsheng Securities also believes that as the demand for new energy vehicles and photovoltaic wind power continues to rise, the power semiconductor industry will continue to be in short supply.
There is a shortage of chips, chip companies are stepping up production expansion, and the market is optimistic about its future development.
Chip stocks in the mainland A-share market generally rose. On the 23rd, semiconductor companies Zhuoshengwei, North Huachuang, Times Electric, Star Semiconductor, etc. all rose sharply. The data service provider wind semiconductor industry index rose 4.93%.
The increase in the price of automotive chips has led to an increase in the prices of many cars. Since the beginning of the year, a number of car manufacturers have announced price adjustments for their products. The average price of FAW-Volkswagen’s two new energy vehicles will increase by 5,200 yuan, and Xiaopeng Motors will increase by more than 4,000 yuan. The latest price announced by NIO also has a certain increase compared to last year.
Responsible editor: Li Muen#