Feb. 7, 2023 /SemiMedia/ -- Infineon said recently that the automotive MCU shortage is expected to ease in the second half of 2023.
Infineon pointed out that demand for semiconductors in the automotive, renewable energy and security sectors remained strong, but there was a cyclical slowdown in demand for consumer products and weak business spending on IT infrastructure.
According to Infineon, with the continuous development of electric vehicles and ADAS, customers are now more willing to sign capacity reservation agreements or place longer commitment orders to ensure semiconductor supply.
To meet such demands, Infineon is increasing production rates to nearly 1 million units per day. The company revealed that the production capacity of automotive products for fiscal year 2023 has been fully booked.