OEMs sign deals with electronic manufacturers to manage chip shortage

The semiconductor shortage continues to impact the global automotive industry, and is poised to continue well into 2022, according to Autocar. As a result, several firms agreed to sign “significant deals” with large electronics manufacturers “to ensure a consistent supply of semiconductors well into the future.” ACEA President Oliver Zipse said “For the sake of our industry’s global competitiveness, Europe must strengthen its technological sovereignty to be able to provide essential components to the region’s core industries.” (Source: Autocar) Read the original story…

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