Industry News: Automobile Manufacturers are being hit hard

This surprise shortage in semiconductors has severely impacted the automotive industry. This chip shortage has disrupted supply chains and operations around the world, resulting in temporary plant closures and employee furloughs at the industry’s largest automakers. One of the major factors causing these shortages is the high demands for chips in other consumer markets. Please read the following links for more details:

• Chip shortage snarls auto output worldwide   — (Automotive News)
• How the Global Chip Shortage Is Impacting Japan’s Carmakers    — (Bloomberg)
• Major Taiwan chipmakers to assign capacity for car use  — (Taipei Times)