net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Chip makers have a message for car makers: Your turn to pay

By Jane Lanhee Lee, Sarah Wu and Kevin Krolicki (Reuters) - The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the...
Chip makers have a message for car makers: Your turn to pay © Reuters. FILE PHOTO: A person polishes a hood of a Porsche Taycan turbo S during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Michaela Rehle/File Photo

By Jane Lanhee Lee, Sarah Wu and Kevin Krolicki

(Reuters) - The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing - at a new and permanent cost to the car companies.

What had been “war room operations” to manage chip shortages are becoming embedded features of vehicle development, say executives in both industries. That has shifted the risks and some of the costs to automakers.

Newly created teams at the likes of General Motors Co (NYSE:GM), Volkswagen AG (OTC:VWAGY) and Ford Motor (NYSE:F) Co are negotiating directly with chipmakers. Automakers like Nissan (OTC:NSANY) Motor Co Ltd and others are accepting longer order commitments and higher inventories. Key suppliers including Robert Bosch and Denso are investing in chip production. GM and Stellantis have said they will work with chip designers to design components.

Taken together, the changes represent a fundamental shift for the auto industry: higher costs, more hands-on work in chip development and more capital commitment in exchange for better visibility in their chip supplies, executives and analysts say.

It is a U-turn for automakers who had previously relied on suppliers – or their suppliers – to source semiconductors.

For chip makers, the still-developing partnership with automakers is a welcome - and overdue reset. Many semiconductor executives point the finger at automakers’ lack of understanding of how the chip supply chain works – and an unwillingness to share cost and risk - for a large part of the recent crisis.

The costly changes are coming together just as the auto industry appears to be moving past the worst of an even more costly crisis that by one estimate has cut 13 million vehicles from global production since the start of 2021.

THEY NEVER CALLED

C.C. Wei, chief executive of the world’s biggest chipmaker Taiwan Semiconductor Manufacturing Co, said he had never had an auto industry executive call him - until the shortage was desperate.

“In the past two years they call me and behave like my best friend,” he told a laughing crowd of TSMC partners and customers in Silicon Valley recently. One automaker called to urgently request 25 wafers, said Wei, who is used to fielding orders for 25,000 wafers. “No wonder you cannot get the support.”

Thomas Caulfield, GlobalFoundries Inc chief executive, said the auto industry understands it can no longer leave the risk of building multibillion-dollar chip factories to chipmakers.

“You can't have one element of the industry carry the water for the rest of the industry,” he told Reuters. “We will not put capacity on unless that customer is committed to it, and they have a state of ownership in that capacity.”

Ford has announced it will work with GlobalFoundries to secure its supply of chips. Mike Hogan, who heads GlobalFoundries’ automotive business, said more deals like that are in the pipeline with other car makers.

SkyWater Technology Inc, a chip manufacturer in Minnesota, is talking to automakers about putting “skin in the game” by buying equipment or paying for research and development, Chief Executive Thomas Sonderman told Reuters.

Working closer with carmakers and their suppliers has brought onsemi $4 billion in long-term agreements for power management chips made from silicon carbide, a new material gaining popularity, said Chief Executive Hassane El-Khoury. “We're making billions of dollars of investment every year in order to scale that operation,” he told Reuters. “We're not going to build factories on hope.”

Michael Hurlston, the CEO of Synaptics (NASDAQ:SYNA) Inc, whose chips drive touch screens, which had held up some auto production, said the recent, more direct collaboration with automakers could create new business opportunities as well as managing risks.

Hurlston said the automotive industry has warmed up to using OLED screens, which are less durable than the LCD screens, a factor that many perceived would limit their use in cars despite better contrast and lower power consumption.

“But that perception has changed pretty dramatically over the last two years. And that perception has changed as a direct result of us being able to talk to (the auto industry),” he said. “The paradigm has really, really shifted for us.”

Chief executives of Japan’s Renesas Electronics Corp and Dutch NXP Semiconductors (NASDAQ:NXPI) N.V. have both told Reuters they are co-locating engineers to help automakers design a new architecture where one computer would centrally control all functions.

“They have woken up,” said NXP CEO Kurt Sievers. “They have understood what it takes. They try to find the right talent. It’s a big shift.”

‘WE HAVE UNDERSTOOD’

The average semiconductor content per vehicle will exceed $1,000 by 2026, doubling from the first year of the pandemic, according to Gartner (NYSE:IT). One example: the battery-powered Porsche Taycan has over 8,000 chips. That will double or triple by the end of the decade, according to Volkswagen (ETR:VOWG_p).

“We have understood that we are a part of the semiconductor industry,” said Volkswagen Group’s Berthold Hellenthal, a senior manager for semiconductor management. “We have now people dedicated just to strategic semiconductor management.”

Securing – and keeping – chip engineers will be a challenge for automakers, which will have to compete against the likes of Alphabet (NASDAQ:GOOGL) Inc's Google, Amazon.com Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL), said Evangelos Simoudis, a Silicon Valley venture capital investor and adviser who works with both established automakers and startups. “I think that that would lead to acquisitions,” he said.

Unlike Tesla (NASDAQ:TSLA) Inc, which designs its own core chips, Simoudis said traditional automakers will have to juggle production of legacy auto models as they make new investments.

AutoForecast Solutions (AFS) estimates that microchip shortages have forced automakers around the world to cut over 13 million vehicles from production plans since the start of 2021.

"It's an arrogant industry," said Sam Fiorani, vice president of global vehicle forecasting at AFS. “Sometimes it just bites them in the rear.”

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
11-08-2022 21:35:36 (UTC+7)

EUR/USD

1.0347

+0.0050 (+0.49%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (1)

EUR/USD

1.0347

+0.0050 (+0.49%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (1)

GBP/USD

1.2243

+0.0019 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

USD/JPY

132.57

-0.29 (-0.22%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.7123

+0.0046 (+0.65%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

USD/CAD

1.2734

-0.0039 (-0.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/JPY

137.20

+0.38 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9719

+0.0016 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Gold Futures

1,808.35

-5.35 (-0.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Silver Futures

20.427

-0.315 (-1.52%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

3.7040

+0.0545 (+1.49%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

92.30

+0.37 (+0.40%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Brent Oil Futures

97.78

+0.38 (+0.39%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Natural Gas Futures

8.313

+0.111 (+1.35%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (10)

US Coffee C Futures

222.83

+2.38 (+1.08%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

Euro Stoxx 50

3,760.95

+11.60 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

S&P 500

4,254.00

+43.76 (+1.04%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (2)

DAX

13,729.41

+28.48 (+0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

FTSE 100

7,475.33

-31.78 (-0.42%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (1)

Hang Seng

20,082.43

+471.59 (+2.40%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,000.75

+30.84 (+1.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

IBEX 35

8,380.80

+28.00 (+0.34%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (9)

BASF SE NA O.N.

43.780

-0.665 (-1.50%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (9)

Bayer AG NA

51.68

-0.22 (-0.42%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Allianz SE VNA O.N.

179.22

+0.72 (+0.40%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (5)

Adidas AG

173.57

+0.21 (+0.12%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (4)

Deutsche Lufthansa AG

6.545

-0.066 (-1.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Siemens AG Class N

110.07

+0.89 (+0.82%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (7)

Deutsche Bank AG

8.925

+0.096 (+1.09%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

 EUR/USD1.0347Neutral
 GBP/USD1.2243↑ Buy
 USD/JPY132.57↑ Buy
 AUD/USD0.7123↑ Sell
 USD/CAD1.2734↑ Sell
 EUR/JPY137.20↑ Buy
 EUR/CHF0.9719↑ Buy
 Gold1,808.35↑ Sell
 Silver20.427↑ Sell
 Copper3.7040↑ Buy
 Crude Oil WTI92.30↑ Sell
 Brent Oil97.78↑ Sell
 Natural Gas8.313↑ Sell
 US Coffee C222.83Neutral
 Euro Stoxx 503,760.95↑ Buy
 S&P 5004,254.00↑ Buy
 DAX13,729.41↑ Buy
 FTSE 1007,475.33↑ Buy
 Hang Seng20,082.43↑ Buy
 Small Cap 20002,000.75↑ Buy
 IBEX 358,380.80↑ Sell
 BASF43.780Neutral
 Bayer51.68↑ Sell
 Allianz179.22Sell
 Adidas173.57Buy
 Lufthansa6.545↑ Sell
 Siemens AG110.07↑ Sell
 Deutsche Bank AG8.925↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,610/ 6,710
(10/ 10) # 1,634
SJC HCM6,620/ 6,720
(20/ 20) # 1,644
SJC Hanoi6,620/ 6,722
(20/ 20) # 1,646
SJC Danang6,620/ 6,722
(20/ 20) # 1,646
SJC Nhatrang6,620/ 6,722
(20/ 20) # 1,646
SJC Cantho6,620/ 6,722
(20/ 20) # 1,646
Cập nhật 11-08-2022 21:35:39
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,794.36+2.640.15%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$91.78-0.78-0.85%
Brent$97.21-0.72-0.75%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.475,2124.789,85
GBP27.818,8429.005,24
JPY171,29181,34
KRW15,5318,92
Cập nhật lúc 18:49:20 11/08/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán