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Saturday, September 11, 2021

Global carmakers’ costs soar over China chip dealers blatant price gouging

The global chip shortage has had an enormous negative impact, affecting automakers across the world. The crisis, which arose in the second quarter of 2020 due to tight capacity at foundries and increased demand for semiconductors in other fields such as 5G, was aggravated by mounting uncertainty surrounding the raging COVID-19 pandemic. - eTurboNews | Trends | Travel News

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