2022 Electronics & Semiconductor outlook

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Summary

That said, consumer vehicle retail sales rebounded far faster than anyone forecasted; it turned out that many people preferred driving instead of taking public transportation or airlines. At Siemens, we believe that in 2022 companies can go a long way towards anticipating and solving IC supply chain problems by taking advantage of their existing manufacturing processes and the data inherent within it. Automation software within the smart factory can collaborate with the supply chain ecosystem to get more real-time insights and companies can act accordingly and react more effectively when disasters strike. The current component shortage environment has genuinely exposed the fragility of supply chains and creates a mandate for digital transformation and intelligent decision making. Digital Transformationprovides the backbone of the smart factory of today and the future and will continue to be a powerful facilitator of advanced technologies, innovative designs, and tighter collaboration.

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