Assignment are attached

SHORTAGE OF CONDUCTOR DUE TO COVID-19
Table of Contents
Introduction    2
Questions    3
Method    3
Demand and Supply Model    3
Developing Long Term Scenarios    4
Automotive    4
PCs    4
Wired Communication    5
Exhibit 1    5
Exhibit 2    6
Impact of COVID-19 Crisis on Long-term Demand    6
Market Pull    7
Monitoring Industry Shifts and Geopolitical Responses    7
Emerging Stronger from the Crisis    7
Conclusion    8
Introduction
The recent corona pandemic has impacted the whole world including almost every industry. The widespread of the virus leads to the complete lockdown and social distancing in almost every part of the world. The pandemic also leads to the shortage of semiconductors, which is one of the most important materials need for manufacturing in several industries. The semiconductors are used in several industries including automobiles, medical equipment, and electronic gadgets. The unprecedented demand from the industries and the COVID policies accumulated by the government has led to the shortage of semiconductors. The demand for the material is on rage while the supply is not up to the mark as the semiconductors industry is facing a shortage. The automobile industry as well as the technology industry is coping up with the issues of lack of semiconductors for their manufacturing process. The data are reflecting the fact that the issues will sustain for a longer duration.
Questions
What is the impact of the COVID-19 crisis on long-term trends and demands of semiconductors?
How the industry can emerge stronger after the COVID-19 crisis?
Method
The method used here is the Demand and Supply model of microeconomics.
Demand and Supply Model
The demand and supply model of the microeconomics takes into consideration the relationship between the number of goods or services that the manufacturers or producers are willing to produce and sell at different prices in the market and the quantities that the customers are considerably willing to buy at those prices. In the market economy, price and quantity are the two major factors considered to gauge the goods produced and exchanged. In the case of semiconductors, there is huge demand from the customers but the producers are unable to meet the expected market demands (Wang and Chen, 2019).
The COVID-19 issue is giving a huge dent to the market of semiconductors as looking to the downfall in the automobile industry the semiconductor industry reduced the production of the semiconductors but after the implementation of work from the home method by the offices and virtual classrooms in the school due to the pandemic there was a certain hike in the demand of the electronic gadgets such as the phones and tablets. There was an extensive demand for the gadgets in the market and the purpose there was a certain increase in the demand of the semiconductors also but the industry is unable to match up with the demands of the market as social distancing policy is still prevalent in all the public places including the offices and factories due to which the companies cannot tend the production in a mass amount, which is hitting up the market very hard (Akbulaev, Mammadov and Aliyev, 2020).
The certain hike in the demands of the semiconductor material throughout the world is creating a huge mess for the semiconductor industry as the industry also working to get things fixed. The semiconductor companies have started revising their long-term strategies to emerge stronger from this situation. The semiconductor leaders are looking forward to the time when the pandemic abates and the new normal begins (Bauer et al., 2020). Concerning their future strategies, the semiconductor companies are looking...