chip shortage 2021 car industry
That figure is set to increase by about 10 percent per year to 2025. The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that.
According to the automaker the dip was mainly due to the industry-wide chip crisis and.
. Car companies across the globe have had to idle production and workers because of a shortage of semiconductors often referred to as microchips or just chips. Americas microchip problem 1314. At 395 billion the auto industry makes up less than 9 percent of chip demand by revenue according to market research firm IDC.
Japanese auto giant Toyotas profit sagged 56 in 2021 compared to the same period in the previous year.
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