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Newswire & Press Release / Safran Creates New Facility in Brittany for Aircraft Engine Parts - Aviation / Aerospace / Drone / eVTOL - Safran Group
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Computer chip shortage could leave auto sector idling
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Published on: Tuesday, April 27, 2021
By: AFP
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Japan s government and local carmakers are lining up to offer support to Renesas Electronics (above), a key chip manufacturer, after a factory fire in March this year that could worsen a global semiconductor shortage affecting car firms.
PARIS: What was initially downplayed as a brief hiccup in the supply of semiconductors looks more and more like a shortage that may last throughout the year in what would be a big blow to automakers.
They were planning to rev up production this year to meet an expected surge in demand from consumers as the pandemic wanes and to recover from last year’s losses. But without enough chips those hopes are fading.
Computer chip shortage could leave auto sector idling
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