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  • 标题:The semiconductor shortage and its implication for euro area trade, production and prices
  • 本地全文:下载
  • 作者:Maria Grazia Attinasi ; Roberta De Stefani ; Erik Frohm
  • 期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
  • 印刷版ISSN:1830-3420
  • 电子版ISSN:1830-3439
  • 出版年度:2021
  • 卷号:2021
  • 语种:English
  • 出版社:European Central Bank
  • 摘要:The semiconductor industry has recently seen a strong surge in demand. Revenues from global sales of semiconductors have almost doubled over the past decade and the Asian economies have consolidated their market dominance in this regard (Chart A). Looking at imports, the share of Chinese imports of semiconductors appears to be growing compared to that of the EU and the United States. At the onset of the COVID-19 pandemic, while sales of semiconductors to the motor vehicle industry collapsed globally during the second quarter of 2020, this shortfall was more than offset by a strong demand for computer and electronic equipment owing to the shift to remote working and distance learning. Once the global recovery took hold, the production of semiconductors was not sufficient to meet the surge in demand from the motor vehicle industry. In addition, various adverse events, such as fires and droughts affecting large manufacturing plants aggravated the global supply shortage of semiconductors.
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