Currently reading: Latest updates as semiconductor chip crisis cripples industry
Production resumes for most firms but others suffer in the end-of-year financial results

The automotive industry was severely hampered by a shortage of semiconductor chips in 2021, with impacts further exacerbated by the pandemic. 

Several manufacturers are still feeling the strain, with many believing supply issues will continue to affect the industry well into 2022. 

However, many have now moved to agree significant deals with large electronics manufacturers to ensure a consistent supply of semiconductors well into the future.  

The shortage of semiconductors initially stemmed from increased demand for personal computers, tablets and smartphones at the height of the pandemic, which largely diverted supply away from the automotive sector, and it now extends to Covid-related closures at semiconductor factories and international shipping ports.

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