Thursday, July 29, 2021

Automotive Industry Will Lose $110 Billion Because Of Chip Shortage

Automotive Industry Will Lose $110 Billion Because Of Chip Shortage
"The latest assessment from the internationally renowned consulting company AlixPartners shows that due to the continued deterioration of the global chip shortage, the estimated revenue loss of the automotive industry in 2021 will be raised from US$61 billion to US$110 billion.
Affected by the supply chain, the chip production cycle is longer. 
...And there seems to be no sign of recovery in a short period of time...Read all.

No comments: