Companies Are Hacking Their Way Around the Chip Shortage

  • 📰 WIREDBusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The supply chain issues have no end in sight, so manufacturers are being forced to improvise.

stretches toward the two-year mark, manufacturers are pulling some unusual tricks to keep production lines moving. Carmakers are using semiconductors taken from washing machines, rewriting code to use less silicon, and even shipping their products without some chips while promising to add them in later. With the shortage of semiconductors now a new normal, everyone is being forced to adapt., a senior partner at the consulting firm McKinsey.

In some cases, this means taking desperate measures. Last month, Peter Wennink, CEO of the Dutch company ASML, which, revealed another eye-opening example. Wennink says one large industrial conglomerate had resorted to buying washing machines just to scavenge the chips inside them for its products.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

‘Downright scary and untenable’: Commerce secretary warns U.S. needs to secure a future for its chip industry' - Gina Raimondo ( “If Congress doesn’t pass the CHIPS Act and pass it quickly, we’re going to lose out on that. '

PennyMordaunt : we need Chip Factories HERE , as a strategic move.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 68. in BUSİNESS

Business Business Latest News, Business Business Headlines