Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Alumni
  • Login
  • Volunteer
  • Clubs
  • Reunions
  • Magazine
  • Class Notes
  • Help
  • Give Now
  • Stories
  • Alumni Directory
  • Lifelong Learning
  • Careers
  • Programs & Events
  • Giving
  • …→
  • Harvard Business School→
  • Alumni→
  • Stories→

Stories

Stories

05 Oct 2022

Inside the Chip Shortage

The CEO of a major manufacturer weighs in on the industry’s outlook
Re: Hidetoshi Shibata (MBA 2001)
Topics: Operations-Supply ChainTechnology-Information TechnologyMarkets-Supply and Industry
ShareBar

Photo via Digital Chosun

Photo via Digital Chosun

The shortage of semiconductors that has hamstrung the automotive industry since 2020 isn’t over yet, and Renesas CEO Hidetoshi Shibata (MBA 2001) predicts the shortage will continue well into the middle of 2023, according to an article by Digital Chosun.

Shibata cites the shortage of minor chips that are used in peripherals, not the lack of key semiconductors, as the main issue. “Until now, computing capabilities were only necessary in computers and smartphones, but from now on, computing power will be needed in all daily objects,” Shibata says, adding that demand will continue to grow for applications in cars, robots, manufacturing, and health care. Semiconductors are the tools that make it possible to process data, which makes them foundational to modern technology. Most are manufactured by a small number of companies in a handful of countries, including the United States, Japan, Taiwan, and Korea.

Renesas, which is seen as a leader in the resurgence of Japan’s semiconductor industry, has about 20,000 employees and estimated 1.1 trillion yen in sales in the first three quarters of the year. The company is one of the three biggest chip makers in the world.

READ MORE

ShareBar

Featured Alumni

Hidetoshi Shibata
MBA 2001
Login to send a message

Post a Comment

Featured Alumni

Hidetoshi Shibata
MBA 2001
Login to send a message

Related Stories

    • 25 Jun 2024
    • HBS Alumni News

    On the Move: Alexis DePree (MBA 2007)

    Re: Alexis DePree (MBA 2007)
    • 01 Mar 2024
    • HBS Alumni Bulletin

    Research Brief: The Real Cost of Countering China

    Re: Laura Alfaro (Warren Alpert Professor of Business Administration); By: Jennifer Myers
    • 01 Dec 2023
    • HBS Alumni Bulletin

    Rounding the Bend

    Re: Emily Bolon (MBA 2007); James Reinhart (MBA 2009); Christopher Homer (MBA 2009); Maria McClay (MBA 2006); By: Jen McFarland Flint
    • 01 Jun 2023
    • HBS Alumni Bulletin

    In Full Flower

    Re: Aron Gelbard (MBA 2009); By: Julia Hanna

More Related Stories

 
 
 
ǁ
Campus Map
External Relations
Harvard Business School
Teele Hall
Soldiers Field
Boston, MA 02163
Phone: 1.617.495.6890
Email: alumni+hbs.edu
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
  • Terms of Use
Copyright © President & Fellows of Harvard College.