The semiconductor chip shortage has forced automakers to slash production in massive quantities. Ford is working to ensure that it will not face a repeat of the current dire situation in the future. Ford CEO Jim Farley has stated that the company will even redesign elements to operate with more available chips in the future.
Farley also plans to cut out the middle man by purchasing chips directly from the companies which make them. Farley noted that 60 percent of chips currently utilized by Ford are “mature nodes,” which are 55 nanometers or larger. These happen to be the automotive chip that is confronting the most significant deficit at the moment. Redesigning its elements to operate with more readily available chips will help relieve the shortage issue in the future.
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