EMS@C-LEVEL Season 2021 Episode #15 with David Loftus, President and CEO of ECIA
David Loftus, President and CEO of the Electronic Component Industry Association (ECIA), discusses the global semiconductor shortage, attributing it to a combination of pandemic-induced demand shifts and cyclical industry dynamics. He analyzes the impact of government interventions, including proposed subsidies for new fabs and potential corporate tax hikes, arguing that political uncertainty and immigration restrictions hinder supply chain security. Loftus also highlights the risks of 'alternate ordering' by R&D departments and the automotive industry's failure to utilize authorized distribution channels during the crisis.