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04 Feb
14:53

EU needs microelectronics strategy amid shortages: automotive suppliers

Global semiconductors shortages will continue and present a significant existential challenge for automotive suppliers, highlighting the need for a dedicated semiconductor strategy and tangible action from policymakers, says the European Association of Automotive Suppliers (CLEPA). In 2021, global production of 9.5 million vehicles was delayed due to a lack of chips, Kallanish notes. Although this year could show a modest recovery in global light vehicle producti…
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