Goldman Sachs says disruptions from the chip shortage should diminish in the second half of 2021

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Goldman Sachs says disruptions from the chip shortage should diminish in the second half of 2021

cnbc2021-06-08

The worst may soon be over when it comes to disruptions stemming from the global chip shortage, according to Goldman Sachs.Andrew Tilton, chief Asia economist at the bank, said the situation could ...

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Cadmus287281
·2021-06-08
Nice
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jo88
·2021-06-08
Like and comment
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Nariousac
·2021-06-08
Like and comment
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1
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- jo88:
  nice
  2021-06-08
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faruxue89
·2021-06-08
Wow
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1
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- luv2trade:
  [Smile]
  2021-06-08
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- Shop:
  done
  2021-06-08
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Gigachad
·2021-06-08
Please like and comment ?
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- Gigachad:
  Done
  2021-06-10
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- Chifield:
  like and comment
  2021-06-09
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- KopiLim:
  For me too
  2021-06-08
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Jeremylok
·2021-06-08
Pls like and comment
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- KopiLim:
  For me too
  2021-06-08
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- Gigachad:
  Yes. Please reply
  2021-06-08
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Dino23
·2021-06-08
?
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- Gigachad:
  ?
  2021-06-08
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Diamondhand6
·2021-06-08
Like n comment pls
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- Diamondhand6Replying tojijimo:
  Ok thanks
  2021-06-09
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- jijimo:
  Ok
  2021-06-08
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- Athousand:
  Help to comment back pls
  2021-06-08
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Auto production is one of those,\" he told CNBC's \"Street Signs Asia\" on Monday.\"Our analysts believe we're probably in the worst period of that right now. That is, we're seeing the biggest disruption downstream (in) industries like auto right now and that will gradually ease over the back half of the year,\" Tilton said.The world has been grappling with a chip shortage that has hitthe production of household electronics, including everything from toasters to washing machines.It is also expected tocost the global auto industry $110 billion in revenue in 2021, according to consulting firm AlixPartners.The firm expects the largest impact to car production to hit in the second quarter, before progressively getting better during the second half of the year and into 2022, Dan Hearsch, a managing director in AlixPartners' automotive and industrial practice, previously told CNBC.Concerns in TaiwanStill, Goldman's Tilton said the situation is worth monitoring, especially if other disruptions in the supply chain emerge.\"There was a lot of concern in Taiwan that droughts or the resurgence of a new Covid outbreak there could result in a significant shortfall in production. So far we haven't seen that,\" he said.There've been a couple of isolated disruptions, but so far, not enough to cause a major disruption to the semi supply chain.Andrew TiltonGOLDMAN SACHS CHIEF ASIA ECONOMISTChip manufacturing plants use huge amounts of water daily, and Taiwan, home to the world's largest contract chipmaker,is facing its worst water shortage in 56 years. On Sunday, the islandlifted some water restrictions after a recent bout of heavy rain, Reuters reported.Taiwan is also dealing with a Covid outbreak that emerged in May after it successfully kept the virus at bay for most of the pandemic.\"There've been a couple of isolated disruptions, but so far, not enough to cause a major disruption to the semi supply chain,\" Tilton said.It remains something that needs to be watched closely in the coming weeks and months, he 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