{"id":558910,"date":"2021-08-31T03:52:09","date_gmt":"2021-08-31T03:52:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/first-a-global-chip-shortage-now-the-capacitors-used-in-electronic-devices\/"},"modified":"2021-08-31T03:52:09","modified_gmt":"2021-08-31T03:52:09","slug":"first-a-global-chip-shortage-now-the-capacitors-used-in-electronic-devices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/first-a-global-chip-shortage-now-the-capacitors-used-in-electronic-devices\/","title":{"rendered":"First a global chip shortage, now the capacitors used in electronic devices?"},"content":{"rendered":"

<\/a> Aluminum prices are touching highs last seen a decade ago<\/strong>, buoyed by strong demand from buyers rushing to line up metal can, aircraft and building material shipments, the Wall Street Journal<\/a> reports. Prices are currently almost 80% higher than their low point in May 2020 \u2014 when sales to the aerospace and transport industries took a hit in the depths of the pandemic. The sticking point, however, is that higher prices are pinching companies in the US and Europe, where it has been difficult to secure the metal that is mostly idling in Asia. The container supply shortage has further exacerbated the issue, leading to a situation in which \u201cthere\u2019s just not enough metal inside of North America,\u201d one industry player says.<\/p>\n

First <\/strong>a global chip shortage<\/strong>, now an undersupply of capacitors used in electronics<\/strong>: <\/strong>Asia is facing the prospect of a drop in production of multilayer ceramic capacitors (MLCCs) \u2014 high-performance capacitors that regulate the flow of electricity in everything from iPhone and PlayStations to electric cars \u2014 after two of the major manufacturers in Japan and Malaysia had to suspend some operations due to new covid-19 outbreaks, writes the Wall Street Journal<\/a>. The MLCC situation is, however, being kept under control by the global semiconductor supply crunch, as hampered production at chip factories has kept a lid on demand for these ceramic bits as car companies cut production.<\/p>\n

Inflation in Germany is at its highest level in 13 years<\/strong>, with the country\u2019s consumer price index rising to 3.4% y-o-y in August driven by an economic rebound, supply chain disruptions, and higher energy prices, the Financial Times<\/a> reports. Manufactured goods in particular saw inflation rise to 5.6% off the back of supply shortages, while service inflation came in at 2.5%. The price growth in the EU\u2019s largest economy could feed into the European Central Bank\u2019s discussions next week on whether it will scale back its bond buying program, though the ECB has said it expects inflation to fade next year.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

11163.23<\/p>\n<\/td>\n

\n

+0.5% (YTD: +2.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 15.65<\/p>\n<\/td>\n

\n

Sell 15.75<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 15.65<\/p>\n<\/td>\n

\n

Sell 15.75<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

8.25% deposit<\/p>\n<\/td>\n

\n

9.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

11,255.05<\/p>\n<\/td>\n

\n

+0.7% (YTD: +29.52%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

7,684.87<\/p>\n<\/td>\n

\n

+0.4% (YTD: +52.32%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

2,899.84<\/p>\n<\/td>\n

\n

-0.05% (YTD: +16.37%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

4,528.79<\/p>\n<\/td>\n

\n

+0.4% (YTD: +20.57%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,148.01<\/p>\n<\/td>\n

\n

+0.3% (YTD: +10.64%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 73.22<\/p>\n<\/td>\n

\n

+0.7%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 4.32<\/p>\n<\/td>\n

\n

-1.7%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,812.30<\/p>\n<\/td>\n

\n

-0.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 47,332.59<\/p>\n<\/td>\n

\n

-3.77% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 rose 0.5% at yesterday\u2019s close<\/strong> on turnover of EGP 2.1 bn (30.5% above the 90-day average). Local investors were net sellers. The index is up 2.9% YTD.<\/p>\n

In the green: <\/strong>Heliopolis Housing (+5.6%), Cleopatra Hospitals (+4.7%) and EFG Hermes (+3.4%).<\/p>\n

In the red: <\/strong>Mopco (-3.3%), MM Group (-3.1%) and Fawry (-2.7%).<\/p>\n

Asian markets are solidly in the red this morning<\/strong>, and futures point to a mixed open in much of Europe and North America later today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Aluminum prices are touching highs last seen a decade ago, buoyed by strong demand from buyers rushing to line up metal can, aircraft and building material shipments, the Wall Street Journal reports. Prices are currently almost 80% higher than their low point in May 2020 \u2014 when sales to the aerospace and transport industries took […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[653,317,107,72,119,481,182,131,3600,3601,122,645,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558910","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-chip-shortage","tag-commodities","tag-covid-19","tag-enterpriseam","tag-financial-markets","tag-germany","tag-inflation","tag-manufacturing","tag-metal-prices","tag-multilayer-ceramic-capacitors","tag-planet-finance","tag-semiconductors","tag-trade","wpautop","entry"],"acf":{"mongo_id":"acb1ae50-1410-4eb0-8a00-88a5fb7f5b36","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558889],"teaser":"","voice_url":""},"yoast_head":"\nFirst a global chip shortage, now the capacitors used in electronic devices? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/first-a-global-chip-shortage-now-the-capacitors-used-in-electronic-devices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First a global chip shortage, now the capacitors used in electronic devices?\" \/>\n<meta property=\"og:description\" content=\"Aluminum prices are touching highs last seen a decade ago, buoyed by strong demand from buyers rushing to line up metal can, aircraft and building material shipments, the Wall Street Journal reports. 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This is because the essential metal is in huge demand despite soaring prices, thanks in no small part to its importance to green industries of the future including electric vehicle production\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/354.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545175,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/rising-metal-prices-puts-further-pressure-on-automotive-sector-where-does-islam-stand-on-the-world-of-crypto\/","url_meta":{"origin":558910,"position":1},"title":"Rising metal prices puts further pressure on automotive sector + Where does Islam stand on the world of crypto?","author":"enterpriseam admin","date":"9 March 2022","format":false,"excerpt":"Automakers just can\u2019t catch a break: The Russia-Ukraine war is pushing up prices ofmetals \u2014 including aluminum, palladium, and nickel \u2014 which is expected to hit the automotive industry, which uses these metals to manufacture vehicles, writes Reuters. Car buyers are likely to foot the increase in costs from metals\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/460.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565824,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/the-global-chip-shortage-has-officially-hit-our-local-auto-industry\/","url_meta":{"origin":558910,"position":2},"title":"The global chip shortage has officially hit our local auto industry","author":"enterpriseam admin","date":"6 May 2021","format":false,"excerpt":"Major car manufacturers including GB Auto have been forced to slash production due to the global chip shortage, Khaled Saad, who heads the Egyptian Association of Automobile Manufacturers, reportedly told the local press. Car makers weren\u2019t able to get their hands on enough electronic control units (ECUs) in recent months,\u2026","rel":"","context":"In "SPEED ROUND: AUTOMOTIVE"","block_context":{"text":"SPEED ROUND: AUTOMOTIVE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543466,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/car-sales-up-26-in-2021\/","url_meta":{"origin":558910,"position":3},"title":"Car sales up 26% in 2021","author":"enterpriseam admin","date":"2 February 2022","format":false,"excerpt":"Egypt\u2019s auto sector deftly managed the global chip shortage in 2021 as strong demand pushed sales to their highest levels since the EGP float in 2016. Industry figures out yesterday showed that almost 291k new vehicles were sold last year, up 26% from 2020, despite rising prices caused by shortage\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/22.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546989,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/abu-dhabis-borouge-soars-in-adx-debut-following-massive-ipo\/","url_meta":{"origin":558910,"position":4},"title":"Abu Dhabi\u2019s Borouge soars in ADX debut following massive IPO","author":"enterpriseam admin","date":"5 June 2022","format":false,"excerpt":"Borouge shares pop in trading debut: Abu Dhabi-based petrochemicals firm Borouge\u2019s shares jumped as much as 24% in its trading debut on Friday after raising USD 2 bn to become the ADX\u2019s biggest-ever IPO. Shares hit an intraday high of AED 3.04 from its AED 2.45 IPO price before falling\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557440,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/19\/shipping-is-doing-its-bit-to-force-up-inflation-globally\/","url_meta":{"origin":558910,"position":5},"title":"Shipping is doing its bit to force up inflation globally","author":"enterpriseam admin","date":"19 September 2021","format":false,"excerpt":"A covid-induced surge in shipping costs is the latest flashpoint for inflation: With an increase in gas prices, a shortage of truck drivers, and a dearth of shipping containers, elevated freight costs globally are expected to continue into 2023, translating into higher price tags for everyday products, the Wall Street\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=558910"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558910\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558889"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558910"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558910"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}