{"id":9646,"date":"2022-02-04T04:29:07","date_gmt":"2022-02-04T04:29:07","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/04\/chip-shortage-has-nxp-in-drivers-seat-the-register\/"},"modified":"2022-02-04T04:29:07","modified_gmt":"2022-02-04T04:29:07","slug":"chip-shortage-has-nxp-in-drivers-seat-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/04\/chip-shortage-has-nxp-in-drivers-seat-the-register\/","title":{"rendered":"Chip shortage has NXP in driver’s seat \u2022 The Register"},"content":{"rendered":"

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Chip shortages are so bad that customers are willing to sign multiyear non-cancellable, non-returnable (NCNR) contracts to secure supplies, according to semiconductor supplier NXP.<\/p>\n

Buyers want to have clear visibility on their component orders, and “want to have it longer,” said<\/a> NXP CEO Kurt Sievers during an earnings call this week, adding customers “would love to have NCNRs for two years out.”<\/p>\n

This is a symptom of the across-the-board electronics shortages in sectors including industrial and automotive, which have “very sticky products, very long life cycles, so it fits the nature of those industries,” Sievers said.<\/p>\n

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