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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WMUR'S JEAN MACKIN EXPLAINS WHAT MICROCHIPS DO AND WHY NEW HAMPSHIRE IS FEELING THE PRESSURE. NEW HAMPSHIRE IS ONE OF THE PLACES THAT MAKES THESE MICROCHIPS OR SEMICONDUCTORS - AND THEY'RE IN SHORT SUPPLY AROUND THE WORLD - SO MUCH SO THE WHITE HOUSE IS GETTING INVOLVED. ( AUTO BROLL) THE PANDEMIC PUT THE BRAKES ON AUTO SALES, BUT NOW THE DEMAND IS ACCELERATING AGAIN - ALONG WITH THE NEED FOR THE MICROCHIPS THAT PLAY A MAJOR ROLE IN ENGINES, GPS AND SAFETY SYSTEMS. ( ALLEGRO EXTERIORS) THE WORLDWIDE SEMI-CONDUCTOR SHORTAGE HITS CLOSE TO HOME IN MANCHESTER NEW HAMPSHIRE - WHERE ALLEGRO IS THE WORLD'S NUMBER ONE MANUFACTURER OF MAGNETIC SENSORS <XXXXX RAVI VIG ZOOM NEWS RAW FRIDAY / SEMICONDUCTOR FOLDER 1:49 ALMOST EVERY CAR MANUFACTURER WORLD WIDE WOULD USE US, POPULAR CARS MAY HAVE UP TO 80 COMPONENTS FROM ALLEGRO. YOU'RE PROBABLY DRIVING IN A VEHICLE THAT INCLUDES ALLEGRO PRODUCTS 1:59 XXXXXX> (ALLEGRO CHIP MAKING INTERIORS WITH VNR) ALLEGRO SHIPS OVER A BILLION UNITS A YEAR - IT'S A COMPLEX MANUFACTURING PROCESS - PRINTING CIRCUITS INTO WHAT'S KNOWN AS WAFERS AND SEMICONDUCTORS ARE NEEDED OUTSIDE THE AUTO INDUSTRY TOO - FOR CELL PHONES, TVS, HOME ELECTRONICS... THE SHORTAGE COULD IMPACT THE ECONOMY - NOW THE WHITE HOUSE IS STUDYING WAYS TO SPEED UP PRODUCTION AND WORK WITH ALLIES AROUND THE GLOBE ALSO FEELING THE PINCH <XXXXX RQ-516TH ALL-PSAKI SEMICONDUCTOR CHIPS NEWS RAW FRIDAY / SEMICONDUCTOR FOLDER : 12 THE ADMINISTATION IS CURRENTLY IDENTIFYING POTENTIAL CHOKEPOINTS IN THE SUPPLY CHAIN AND ACTIVELY WORKING ALONGSIDE KEY STAKEHOLDERS : 19 XXXXX> (WIPE OR EFFECT) <XXXXX RAVI VIG ZOOM NEWS RAW FRIDAY / SEMICONDUCTOR FOLDER 3:51 IT'S INCREDIBLE THAT THE U.S. GOVERNMENT HAS NOW DETERMINED THAT SEMICONDUCTORS ARE KEY ELEMENT TO THE SUCCESS OF THE U.S. ECONOMY 4:00 XXXXX> IN NEW HAMPSHIRE, IT MEANS ALLEGRO IS FULL STEAM AHEAD...THE PRESIDENT AND CEO SAYING - YES - THEY'RE HIRING <XXXXX RAVI VIG ZOOM NEWS RAW FRIDAY / SEMICONDUCTOR FOLDER 8:10 IF YOU ARE A TECHNOLOGIST LOOKING FOR A NEW COMPANY, A NEW ADVENTURE, ALLEGRO'S PROBABLY GOT A POSITION OPEN 8:19 XXXXX> AND AS THE DEMAND FOR ELECTRIC VEHICLES GROWS, SO DOES THE DEMAND FOR ALLEGRO'S COMPONENTS IN THE SHORT TERM - AUTOMAKERS SAY THE CHIP SHORTAGE COULD PREVENT ONE MILLION VEHICLES FROM BEING MADE - THE LOSS TO
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International microchip shortage affects various industries
A local company's product is now in more demand
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{copyShortcut} to copy Link copied! Updated: 10:30 PM EST Feb 12, 2021
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Jean Mackin
News Anchor/Reporter
A worldwide semiconductor shortage is affecting the auto industry and could hurt other industries that rely on electronics.