Aluminum, Copper and Silicon Shortages Compound the Global Silicon
To add to the back-to-back hits manufacturers are taking, the silicon-price surge is driving some companies into crisis-mode as they declare force majeure. In the past two months, the price of silicon has risen by 300% and is anticipated to stay high through next summer or until production can ramp up to meet demand. The common denominator of this surge is China’s government-mandated power cut, which has ordered silicon producers to cut production by 90% from September through December according to Bloomberg. Roughly 15% of silicon is produced and refined to be used in semiconductors, which means this price surge will likely reflect down the supply chain in commodity pricing and lead times.Aluminum, Copper and Silicon Shortages Compound the Global Supply Chain Woes (fusionww.com)