Can someone explain to me why this wasn't the case before covid? Are the companies who are ahead of the automakers "in line" ordering more than before covid?
Cars are not a large market compared to cell phones and other users of ships. Cars are louder than the rest, but not bigger.
They typical car lasts 10-15 years. Cell phones about 2. More people have a cell phone than a car. Sure the car has more chips, but not by enough to make them bigger than phones. (Phones and cars mostly don't use the same process)
Simplest answer: Demand has gone up overall for technology like tvs, computers, game consoles, etc... Meanwhile, during covid the ability to scale (production and supply chain) to meet that demand has been difficult.
bluGill|4 years ago
They typical car lasts 10-15 years. Cell phones about 2. More people have a cell phone than a car. Sure the car has more chips, but not by enough to make them bigger than phones. (Phones and cars mostly don't use the same process)
Saturdays|4 years ago