Delivery Time Increased to 17 Weeks Due To The Chip Crisis!

The difference between chip orders and delivery time rose to dangerous levels in April.

Delivery time has increased to 17 weeks due to the chip crisis. The shortage of chip supply, which is currently affecting automobile and electrical equipment manufacturers, is worsening day by day. This situation seriously threatens the economic recovery. According to a study by Susquehanna Financial Group, the difference between chip orders and delivery time reached a dangerous level by as high as 17 weeks in April. This level has been recorded as the longest delivery time since data began to be collected in 2017. Sharing a note on Tuesday, Susquehanna Analyst Chris Rolland said, “Delivery times have increased across all product categories. This is one of the biggest and most extensive increases since we started compiling this data.” While the problem in the supply of semiconductor chips continues to spread in many sectors, automakers are expected to suffer $ 110 billion in losses this year due to declining sales.

Fitch Made A Statement About Chip Crisis

In the statement made by Fitch, it was noted that automotive demand is very strong, and it was noted that manufacturers prioritized profitable models and helped balance the impact of loss of production on cash flow. In the statement, which stated that the chip crisis will probably continue until next year, it was stated that the effects of this will be much more than the predictions of the markets. In the statement in question, it was noted that the chip crisis is estimated to cost 5 percent of the estimated annual sales of automobile manufacturers. In the statement that many automakers expect to face the heaviest pressures in the second quarter of this year, it was stated that the crisis will gradually decrease in 2022.