Auto Sector Check - Semiconductor Concerns - More Global Than Local?: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.Based on our channel checks and interactions with industry experts, we have attempted to understand more closely the current supply chain bottlenecks that have restrained the recovery of the automotive sector and possible course of actions to address the same. The semiconductor industry witnessed a decline of 12% in 2019 followed by a growth of 5% in 2020. However, it is expected to clock a sharp growth of 25% in 2021E due to the cyclical nature of technology products (transition to 5G) and increase in demand (led by work from home, preference for personal mobility, electric vehicles, Internet of Things etc). We see the ongoing chip shortage issue to persist in the near term, as allocations are prioritised towards higher profit/core customer base (electronics) by the chip makers..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Auto Sector Check - Semiconductor Concerns - More Global Than Local?: Nirmal Bang

Auto Sector Check - Semiconductor Concerns - More Global Than Local?: Nirmal Bang

Choose a plan