Global chip shortage hits car production in China and Japan
- Date: 01-Jul-2021
- Source: The Guardian
- Sector:Economy
- Country:Middle East
Global chip shortage hits car production in China and Japan
The ongoing global shortage in the supply of semiconductors is affecting manufacturing in China and Japan, according to data, with car production among the industries hit.
A shortage in semiconductor chips, which are the “brain” found inside every kind of electronic device, from PCs and TVs to games consoles and cars, has dogged economies for over a year.
Growth at factories in China has slid to a four-month low, according to figures on Wednesday, as a result of semiconductor chip shortages, combined with supply chain problems and rising raw material costs.