Title: International microchip shortage affects various industries
Headings: International microchip shortage affects various industries
International microchip shortage affects various industries
A local company's product is now in more demand
Jean Mackin
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Content: To ramp up production, Allegro is now hiring. "If you are a technologist looking for a new company, a new adventure, Allegro's probably got a position open," Vig said. MANCHESTER, N.H. —
A worldwide semiconductor shortage is affecting the auto industry and could hurt other industries that rely on electronics. Semiconductors, also known as microchips, are part of a car's engine, GPS and safety system. Advertisement
The pandemic slowed down auto sales, but increased demand for cars led to an international shortage. Allegro Microsystems is a Manchester-based company and the world's top manufacturer of magnetic sensors. Allegro ships over a billion units annually. CEO Ravi Vig said almost every car manufacturer worldwide uses the company for microchips. "You're probably driving in a vehicle that includes Allegro products," Vig said. Semiconductors are also needed for other electronics, like cellphones and TVs.