Will the lack of cores get better in 2023?

Entering 2023, more and more semiconductor manufacturers began to "put aside the suspicion" production of automotive chips.

On the one hand, the automotive industry has a real demand for automotive chips.

On the other hand, in the past two years, consumer electronics and other end market demand is weak, the shortage of consumer-grade chips gradually turned into a surplus, semiconductor manufacturers are facing a cold winter.

Samsung Electronics, for example, the financial report shows that the fourth quarter of 2022 Samsung semiconductor business comprehensive revenue of 20.07 trillion won, compared with 26.01 trillion won in the same period in 2021, down 24%; operating profit of 0.27 trillion won, compared with 8.83 trillion won in the same period in 2021 plunged 96.9%.

Obviously, the two industries deserve to hit it off, in front of the real demand and profit, grinding or put into production, these are good to say.

According to GPLP rhinoceros finance incomplete statistics, there have been Geely, BAIC, SAIC, FAW, GAC, General Motors, Volkswagen Group, Ford Motor and other car companies choose to join forces with chip manufacturers, layout chip track.

However, everything seems to be good when the sky began to drop cold water - according to the latest data from AutoForecast Solutions, as of February 12, due to chip shortages this year, the global automotive market has cut production of about 349,900 vehicles, in addition to the agency predicts that in 2023 the global automotive In addition, the agency predicts that the cumulative reduction in production in the global automotive market in 2023 is expected to climb to about 2.81 million units.

According to the forecast, the problem of global automotive production cuts due to chips in 2023 has not only not improved, but also worsened.

"Intelligence and electrification are the future trends of the automotive industry, and in the future, more and more chips will be required for a single vehicle." Zhang Xiang, director of the New Energy Vehicle Technology Research Institute of Jiangxi New Energy Technology Vocational College, told GPLP Rhinoceros Finance, "I saw a set of data that by 2030, the number of chips needed per vehicle will increase to 1,000, and by 2035 each vehicle may need 3,000 chips. This demand is very large. "

In this regard, the industry generally believes that the production of a traditional car needs 500 to 600 chips, "new four" so that the demand for automotive chips has increased sharply, it can be said that the current car gauge chips not only to make up for lost production capacity, but also to step up to catch up with the incremental.

China Association of Automobile Manufacturers data show that in 2022, China's new energy vehicle production and sales completed 7.058 million units and 6.887 million units, an increase of 96.9% and 93.4% respectively. The rapid growth of new energy vehicles has also exacerbated the chip dilemma.

"In the past two years, China's new energy vehicle market growth is too fast, this growth rate is not normal. After the national subsidy is cancelled, the growth rate will slow down, and new energy vehicles will return to the market economy model." Zhang Xiang believes that "based on marketization, semiconductor manufacturers will have a basis for their judgments on production, and the chip capacity and the whole car will reach a balanced state."

In 2023, will the lack of cores in cars be sustainable? Perhaps time is the best answer, let's wait and see.