Chipmakers like Samsung Electronics Co Ltd will need a couple of weeks to resume production in Texas after shutdowns caused by severe weather, and customers could face knock-on effects in several months' time, a representative of a trade body said.
Potential price hikes incoming on March 4, 2021, 5:17
TL;DR: Just when you thought the global semiconductor shortage couldn t get any worse, we re now hearing that the winter storm in Texas last month has left chip makers in the area dealing with the consequences of temporarily shutting down their fabs. It will take several weeks before production can restart, exacerbating the ongoing industry problems and possibly leading to more price hikes for some products.
As reported by Reuters, Samsung, NXP Semiconductors, and Infineon Technologies were all ordered to close their factories in Austin, Texas, last month so power could be prioritized for people s homes, a result of the winter storm that killed at least 21 people.
Chipmakers like Samsung Electronics Co Ltd will need a couple of weeks to resume production in Texas after shutdowns caused by severe weather, and customers could face knock-on effects in several months' time, a representative of a trade body said.
UPDATE 1-Texan chipmakers face slow recovery from power crisis as shortage looms yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.