A CONFESSION: UNTIL recently, whenever talk of semiconductor shortages came up, I was under the impression that most cars made do with just a handful of the things.
I say a handful. One seemed like it would be enough: one car, one engine, one big fat semiconductor. My estimate was a little short. Some cars come loaded with as many as 3,000.
Semiconductors – also known as microchips – are big business, as you probably know. According to an organisation called World Semiconductor Trade Statistics, more than 932 billion of them were made in 2020, a number so vast I don’t even know what to compare it to.
Instead, some math. Of those many billions, half are absorbed by electronics while another 15 percent go into the automotive industry, equating to about 140 billion chips. The world turned out 78 million new cars in 2020, which would give an average of around 1,800 chips per new car. By any measure, that’s a very big handful.
But even at those numbers, there still aren’t enough to go round. Demand for new cars is still higher than the supply of microchips can keep up with, sending delivery times into a spin. In September, a friend of mine took delivery of a car he’d specced in January. By the time it finally arrived, he’d forgotten what colour he’d chosen.
He was lucky. If he had ordered a Land Rover Defender, he might have waited 12 months. For a Porsche Taycan, longer still. If he’d gone for a Tesla Model X Dual Motor, he could have been kept hanging for up to two years.
If that’s dispiriting, the advice on beating the wait is worse. Compromise on trim tends to be the consensus, which is tantamount to saying you should buy something you don’t really like. And that’s no advice at all.
This story is from the January/February 2023 edition of Robb Report Singapore.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January/February 2023 edition of Robb Report Singapore.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Uniquely Martell
The French house launches Les Fûts Uniques de Martell, the world's first cognac cask programme.
Opulent Waters
Embark on first-class cruises with Silversea, which has opened sales for its 2026 voyages.
Palatial Presents
From royal gifts to bespoke objets d'art, Singapore's Royal Insignia is reviving the art of gifting.
Back To The Land
Growing up in Beirut, Lina Ghotmeh pursued architecture as a means of building community in times of conflict. Her mission is more relevant today than ever.
Care To Join?
Private clubs are proliferating. But keeping members happy might not be as easy as it seems.
The Vanity Table
The latest grooming products to know.
Rekindle The Flames
Byredo's Ancient Sand candle ignites the holiday spirit within.
Off To The Races
Chanel leans into its sportswear roots with high jewellery inspired by the thrill of automotive competition.
What Time Is It At Home?
Stay on top of your affairs when you are halfway across the world with these trusty and intelligent multi-time zone watches.
Track Records
Brice Tchaplyguine, managing director of TAG Heuer Asia Pacific, dispenses insights on the iconic watch company at the opening of the brand's new boutique in Singapore.