Semiconductor shortage sees China’s carmakers, chip suppliers join forces to tackle the problem

May 9, 2021 | INVESTING

The shortage of automotive chips is bringing China’s carmakers and semiconductor suppliers closer together than ever before, with representatives from both industries discussing contingency plans on the sidelines of a chip industry event that ended Saturday.The China Association of Automobile Manufacturers, which represents the country’s car plants, was an official sponsor of the three-day Global Semiconductor Industry Expo held in the Chinese mega city of Chongqing. It is the first time the…

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