Global Chip Shortage WEB
Metadata
- Global Chip Shortage WEB
- May 4, 2022
- Content Type Package
- Language English
- Transcript/Script English USAGM SHARE ((PLAYBOOK SLUG: GLOBAL CHIP SHORTAGE HEADLINE: Automakers, Appliance Manufacturers Struggle to Find Computer Chips Amid Shortage TEASER: Some companies are scouring the world for chips and stockpiling PUBLISHED AT: 05/04/2022 at 8:35AM BYLINE: Michelle Quinn CONTRIBUTOR: DATELINE: Santa Clara, California VIDEOGRAPHER: Michelle Quinn, Matt Dibble PRODUCER: Michelle Quinn SCRIPT EDITORS: SKS, MAS VIDEO SOURCE (S): VOA, Zoom, AFP, PLATFORMS (mark with X): WEB __ TV X RADIO _X_ TRT: 2:45 VID APPROVED BY: MPage TYPE: TVPKG EDITOR NOTES: I used a government issued Zoom acct. Also, this can be released as soon as it is ready but will also be used as part of an episode of The Inside Story)) [[INTRO: Cars stuck on the assembly line. Delays in the delivery of dishwashers, refrigerators and game consoles. Consumers and businesses are feeling the pinch of the semiconductor shortage. The war in Ukraine could make the situation worse. Michelle Quinn reports.]] ((NARRATOR)) These devices are GPS trackers. They travel the world attached to boxes of medicines, food, and electronics.... ….sending back information about the package’s temperature, location and whether there’s been damage. And they rely on semiconductors, which are in short supply. [[For radio: Sanjay Sharma is the CEO of Roambee.]] ((Sanjay Sharma, Roambee CEO)) “There’s not enough that we have. The demand is so much.” ((NARRATOR)) The supply of computer chips, the brains of every computing device, has been tight for more than a year as the world emerges from the pandemic. Automakers, household appliance manufacturers, game consoles makers and many others are scrambling. Some are delaying production. Others are redesigning products around the kinds of chips they can get. [[For Radio: Dawn Tiura is the chief executive of the Sourcing Industry Group. She spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Dawn Tiura, Sourcing Industry Group CEO)) “We have a semiconductor in almost every single thing that you buy. So my washing machine tells me when it's ready. My dryer tells me it's ready. My oven has a sensor. Everything that we buy has these sensors, internet-connected devices. And so it's going to be impacting the normal consumer.” ((NARRATOR)) Russia’s invasion of Ukraine could make the global chip supply problem worse, experts say. Both Ukraine and Russia produce key materials used in semiconductor processing. [[For Radio: Lita Shon-Roy is the CEO of Techcet, a market research firm. She spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Lita Shon-Roy, Techcet)) “Some companies will have less dependency depending on their inventories.... , their supply chain and how they manage it, and some companies will have greater dependency. As the war continues, it will become a greater and greater issue.” ((NARRATOR)) Roambee, like a lot of firms, is scouring the world for chips and stockpiling them. Doing so breaks from years of “just in time” manufacturing, the common manufacturing practice of buying components just before the product is assembled, which keeps costs low. [[For Radio: Again Sanjay Sharma of Roambee]] ((Sanjay Sharma, Roambee CEO)) “There are two choices, right? Either sit and do nothing and be hopeful that things will just improve, or you basically take the bull by the horns and say, ‘What can we basically bring in within our control?’” ((NARRATOR)) But buying up chips may extend the crisis. ((Sanjay Sharma, CEO Roambee)) “This will go on in my opinion for the next 12 to 18 months, … because companies like us and many others are going to build out..... ...that buffer inventory more than what is needed.” ((NARRATOR)) For consumers, costs are rising, in part because of the components’ shortage. [[For Radio: Misha Govshteyn is the CEO of Macrofab, an electronics manufacturing firm in Texas. He spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Misha Govshteyn, MacroFab CEO)) So I wouldn't be surprised if the very same electronics that we used to buy two years ago is now 10% in some cases more expensive. ((NARRATOR)) The shortages have led the U.S. and European governments to consider bringing chip manufacturing back home. But that’s going to take some time. ((Michelle Quinn, VOA News, Santa Clara, California))
- Transcript/Script USAGM SHARE ((PLAYBOOK SLUG: GLOBAL CHIP SHORTAGE HEADLINE: Automakers, Appliance Manufacturers Struggle to Find Computer Chips Amid Shortage TEASER: Some companies are scouring the world for chips and stockpiling PUBLISHED AT: 05/04/2022 at 8:35AM BYLINE: Michelle Quinn CONTRIBUTOR: DATELINE: Santa Clara, California VIDEOGRAPHER: Michelle Quinn, Matt Dibble PRODUCER: Michelle Quinn SCRIPT EDITORS: SKS, MAS VIDEO SOURCE (S): VOA, Zoom, AFP, PLATFORMS (mark with X): WEB __ TV X RADIO _X_ TRT: 2:45 VID APPROVED BY: MPage TYPE: TVPKG EDITOR NOTES: I used a government issued Zoom acct. Also, this can be released as soon as it is ready but will also be used as part of an episode of The Inside Story)) [[INTRO: Cars stuck on the assembly line. Delays in the delivery of dishwashers, refrigerators and game consoles. Consumers and businesses are feeling the pinch of the semiconductor shortage. The war in Ukraine could make the situation worse. Michelle Quinn reports.]] ((NARRATOR)) These devices are GPS trackers. They travel the world attached to boxes of medicines, food, and electronics.... ….sending back information about the package’s temperature, location and whether there’s been damage. And they rely on semiconductors, which are in short supply. [[For radio: Sanjay Sharma is the CEO of Roambee.]] ((Sanjay Sharma, Roambee CEO)) “There’s not enough that we have. The demand is so much.” ((NARRATOR)) The supply of computer chips, the brains of every computing device, has been tight for more than a year as the world emerges from the pandemic. Automakers, household appliance manufacturers, game consoles makers and many others are scrambling. Some are delaying production. Others are redesigning products around the kinds of chips they can get. [[For Radio: Dawn Tiura is the chief executive of the Sourcing Industry Group. She spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Dawn Tiura, Sourcing Industry Group CEO)) “We have a semiconductor in almost every single thing that you buy. So my washing machine tells me when it's ready. My dryer tells me it's ready. My oven has a sensor. Everything that we buy has these sensors, internet-connected devices. And so it's going to be impacting the normal consumer.” ((NARRATOR)) Russia’s invasion of Ukraine could make the global chip supply problem worse, experts say. Both Ukraine and Russia produce key materials used in semiconductor processing. [[For Radio: Lita Shon-Roy is the CEO of Techcet, a market research firm. She spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Lita Shon-Roy, Techcet)) “Some companies will have less dependency depending on their inventories.... , their supply chain and how they manage it, and some companies will have greater dependency. As the war continues, it will become a greater and greater issue.” ((NARRATOR)) Roambee, like a lot of firms, is scouring the world for chips and stockpiling them. Doing so breaks from years of “just in time” manufacturing, the common manufacturing practice of buying components just before the product is assembled, which keeps costs low. [[For Radio: Again Sanjay Sharma of Roambee]] ((Sanjay Sharma, Roambee CEO)) “There are two choices, right? Either sit and do nothing and be hopeful that things will just improve, or you basically take the bull by the horns and say, ‘What can we basically bring in within our control?’” ((NARRATOR)) But buying up chips may extend the crisis. ((Sanjay Sharma, CEO Roambee)) “This will go on in my opinion for the next 12 to 18 months, … because companies like us and many others are going to build out..... ...that buffer inventory more than what is needed.” ((NARRATOR)) For consumers, costs are rising, in part because of the components’ shortage. [[For Radio: Misha Govshteyn is the CEO of Macrofab, an electronics manufacturing firm in Texas. He spoke to VOA over Zoom]] ((Courtesy: Zoom)) ((Misha Govshteyn, MacroFab CEO)) So I wouldn't be surprised if the very same electronics that we used to buy two years ago is now 10% in some cases more expensive. ((NARRATOR)) The shortages have led the U.S. and European governments to consider bringing chip manufacturing back home. But that’s going to take some time. ((Michelle Quinn, VOA News, Santa Clara, California))
- NewsML Media Topics Arts, Culture, Entertainment and Media
- Network VOA
- Embargo Date May 4, 2022 08:58 EDT
- Byline Michelle Quinn
- Brand / Language Service Voice of America