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The global chip shortage is starting to have consequences

cnbc.com

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Re: The global chip shortage is starting to have consequences

#481

Post by wingspar »

chrisseaton wrote: post #293
heisenbit wrote: post #243

Earlier quoted context omitted.

0% loan on the sticker price. The goal of coming in with cash is to get as far as possible below the sticker price.

This is a really common misconception that buyers have. Just stop and think for a second - put yourself in the dealer's shoes - why do you think the dealer would want cash? No reason. They don't want your cash. A cash buyer is a pain. They want to sell you a loan. The last time I bought a car I offered cash, and they countered with a four-figure discount (on total cost of ownership) if I took part of it as a loan. I…

I always separate trade-in and financing from the price. Deal on the price first then the trade, then the financing.

Trade ins are good for negotiation too. Wanted the factory extended warranty. Dealers in other states will discount the extended warranty but can’t sell in my state. Dealer wouldn’t discount the warranty to the price of the out-of-state so I had them keep it that price and up the trade in value to match it. They can show they didn’t discount the warranty. I get the discount.

They did that if I would get finance thru them, matching my prearranged banks rate. Deal made.

Went in the next Monday to the local bank and refinanced the car loan.

Also made them give me so thing for signing the arbitration agreement. Everything is negotiable. I did have to walk away but they called me back on the drive home.

Re: The global chip shortage is starting to have consequences

#482

Post by isbvhodnvemrwvn »

baq wrote: post #376
isbvhodnvemrwvn wrote: post #151

Earlier quoted context omitted.

When the software is no longer supported you have an expensive security vulnerability hanging on your wall.

this is true for all appliances with any sort of networking. an appletv, roku, chromecast or fire stick have the exact same concern.

Yes, but the primary function of a TV is not causing the security vulnerability - the questionable additions are.

Re: The global chip shortage is starting to have consequences

#483

Post by CamperBob2 »

neltnerb wrote: post #193
smiley1437 wrote: post #58

Interestingly, there is an embedded video in that article that explains the issue specific to the automotive shortage - it's because the automotive industry cancelled a lot of chip orders in anticipation of low vehicle demand and that caused chip makers to reduce their production for the kinds of chips that go into cars, and now it takes time to ramp back up: https://www.cnbc.com/video/2021/03/02/how-the-global-compu…

I get that this is a potential big problem, but I had to stop reading when the dog washing company blamed needing to respin a new board on a chip being out of stock due to this. I'm sorry, but if you aren't buying enough chips to build all the boards you want to build of a revision, this is just what happens, chip shortage or no. Stuff gets obsoleted all the time, it doesn't take a chip shortage. Blaming a black swan…

ROFL. Yeah, I'll just do a lifetime buy of these:

https://www.digikey.com/en/products/detail/xilinx-inc/XCVU13...

... as soon as my board hits production. If they give me any grief at DigiKey, I'll have my VP of Procurement fly up there in the company G5 to give them a piece of my mind.

Re: The global chip shortage is starting to have consequences

#484

Post by pjc50 »

stefan_ wrote: post #453
devit wrote: post #332

Earlier quoted context omitted.

Maybe the real lesson of the whole thread is to require customers to pay in advance with a non-reversible wire transfer, or at least via an escrow service contingent on delivering the goods. Or alternatively, somehow buy insurance against the customer failing to pay.

Thats called supply chain financing but of course the biggest company in that space Greensill just went up in flames.

Greensill were a colossal fraud. That's why they recruited David Cameron as political cover. https://www.theguardian.com/business/2021/apr/28/greensill-c...

Huge mistake, they should have bought Johnson instead.

Re: The global chip shortage is starting to have consequences

#485

Post by baybal2 »

amelius wrote: post #427
jfoutz wrote: post #120

I think a lot of folks underestimate how fabulously complicated it is to fab a chip. Yes, you can diy it in your garage, here's a wonderful implementation. http://sam.zeloof.xyz/first-ic/ But take a look at the specialized tools they used. Heck, think about proper handling of https://en.wikipedia.org/wiki/Hydrofluoric_acid and this is just a simple amp. imagine trying to make something with lots of gates? Making a si…

If making a chip is so hard, then why do the FAANG companies own this world, not e.g. TSMC or Samsung?

TSMC, and Samsung are both very glad at FAANG trying to "own the world" — more business for them!

I don't see Morris Chang running to open an advertising shop, webhosting company, or mine bitcoins, thought the later was much speculated.

Re: The global chip shortage is starting to have consequences

#486

Post by robocat »

anonymousab wrote: post #132
perardi wrote: post #95

Earlier quoted context omitted.

There are still lots, and lots, and lots of dumb appliances. I think you’d have to go out of the way to buy a toothbrush with Bluetooth, and I see many a non-smart fridge in the best sellers at Home Depot. ( https://www.homedepot.com/b/Appliances-Refrigerators-Side-by... ) For all the hooplah about smart homes and Alexa and Thread and Merlin Mann screaming about HomeKit and blah blah blah…most people have dumb lightb…

> For all the hooplah about smart homes and Alexa and Thread and blah blah blah…most people have dumb lightbulbs, dumb garage doors, and dumb fridges. For now. The profits to be made on microtransactions and subscriptions from internet-requiring features are too gargantuan to pass up, to not become the new norm. And, of course, unblockable ads and tracking. A fun recent example is a motorcycle emergency vest that sto…

“This Motorcycle Airbag Vest Will Stop Working If You Miss a Payment”

https://www.vice.com/en/article/93yyyd/this-motorcycle-airba...

https://news.ycombinator.com/item?id=27054629

Re: The global chip shortage is starting to have consequences

#487

Post by chrisseaton »

wingspar wrote: post #481
chrisseaton wrote: post #293

Earlier quoted context omitted.

This is a really common misconception that buyers have. Just stop and think for a second - put yourself in the dealer's shoes - why do you think the dealer would want cash? No reason. They don't want your cash. A cash buyer is a pain. They want to sell you a loan. The last time I bought a car I offered cash, and they countered with a four-figure discount (on total cost of ownership) if I took part of it as a loan. I…

I always separate trade-in and financing from the price. Deal on the price first then the trade, then the financing. Trade ins are good for negotiation too. Wanted the factory extended warranty. Dealers in other states will discount the extended warranty but can’t sell in my state. Dealer wouldn’t discount the warranty to the price of the out-of-state so I had them keep it that price and up the trade in value to matc…

Exactly - agree a sale price. Then discuss payment. And at that point cash has no benefit to the dealer, but a loan does. So the loan can get you a discount but the cash cannot.

Re: The global chip shortage is starting to have consequences

#488

Post by speeder »

epistasis wrote: post #183
seltzered_ wrote: post #170

Regarding cars: "Some carmakers are now leaving out high-end features as a result of the chip shortage, according to a Bloomberg report on Thursday. Nissan is reportedly leaving navigation systems out of cars that would normally have them, while Ram Trucks has stopped equipping its 1500 pickups with a standard “intelligent” rearview mirror that monitors for blind spots" I have an unpopular opinion, especially when we…

Yeah, the size of these trucks has completely put me off ever wanting one. I miss the small ones from a few decades ago... great for surfing, hauling the ver occasional bit of stuff, just as useful as the ugly beasts of today but far cheaper and more maneuverable and safer. I think we need to start requiring commercial drivers licenses on some of these beasts. They are intentionally designed to be difficult to see ou…

I am from Brazil, I've heard plenty of stories of people that bought imported Ford trucks and then are confused when their trucks get impounded because they drove without a license, not realizing that trucks here require a different license unless they are literally car-sized.

Example: Fiat Fiorino: https://www.hojeemdia.com.br/polopoly_fs/1.792949!/image/ima...

It used same Chassis as Fiat Uno https://quatrorodas.abril.com.br/wp-content/uploads/2019/08/...

So it was obviously a car, with the rear-part modified to carry cargo.

Meanwhile the 1980s F150: https://i.pinimg.com/564x/89/50/8a/89508a513b5076ef6413543f2...

It is obvious that thing is NOT a car, when you learned to drive in a UNO you can't expect a F150 to drive the same!

Re: The global chip shortage is starting to have consequences

#489

Post by trompetenaccoun »

christkv wrote: post #342
smiley1437 wrote: post #58

Interestingly, there is an embedded video in that article that explains the issue specific to the automotive shortage - it's because the automotive industry cancelled a lot of chip orders in anticipation of low vehicle demand and that caused chip makers to reduce their production for the kinds of chips that go into cars, and now it takes time to ramp back up: https://www.cnbc.com/video/2021/03/02/how-the-global-compu…

They also seem to point the finger towards hoarding by electronics companies in china to prepare for possible future sanctions.

Chinese companies produce those chips, that explanation makes little sense. Rather than the companies "hoarding", it may be they're simply not exporting as much to the US and Europe anymore, for political reasons. Any major company in China is under CCP supervision and towing the party line. It's not like it's a free market where private corporations do as they please.

Turns out relying on a single region and in that region mainly on a single country for producing most essential goods wasn't such a good idea. Especially when said country is ruled by a rival regime.

Re: The global chip shortage is starting to have consequences

#490

Post by Pxtl »

gumby wrote: post #277
seltzered_ wrote: post #170

Regarding cars: "Some carmakers are now leaving out high-end features as a result of the chip shortage, according to a Bloomberg report on Thursday. Nissan is reportedly leaving navigation systems out of cars that would normally have them, while Ram Trucks has stopped equipping its 1500 pickups with a standard “intelligent” rearview mirror that monitors for blind spots" I have an unpopular opinion, especially when we…

> Nissan is reportedly leaving navigation systems out of cars that would normally have them Wonder if this will begin a trend. The car navigation system is pretty worthless these days except if you find yourself unexpectedly out of phone range (I still carry paper maps, but these days many phone navigation apps allow you to pre-download your route so you don’t have to worry about being out of coverage).

Yeah, in spite of Google's best efforts to the contrary you can still download maps for offline use.
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