At a media conference on October 13, Dr. Chen Yudong, President of Bosch China, said that at present, Bosch China can only meet half of the Semiconductor needs of auto companies.
As a pivotal Tier 1 supplier, Bosch China purchases semiconductors from companies such as STMicroelectronics and Infineon, and ships them to vehicle companies after integration.
“The car companies that did not complete their production tasks last month were mostly because of us,” said Chen Yudong. “We are also impacted by suppliers.”
In the past few months, some Southeast Asian countries have suffered severe epidemics. Malaysia’s semiconductor industry has been severely impacted, including semiconductor factories such as STMicroelectronics and Infineon, which severely weakened the supply capacity to Bosch.
Chen Yudong predicts that Bosch China’s supply rate in the fourth quarter of this year will be very low, and it will not be able to return to the same capacity as the first half of this year until next year. “It is currently impossible to meet all market needs. A shortage of 10% to 20% will be the norm.” He added.