Chip shortages in the auto industry may remain in the first half of the year, with semiconductor makers having few immediate solutions other than raising prices, according to experts.
Netherlands-based chipmaker NXP and Japan s Renesas Electronics said they were seeking to increase prices in the wake of the shortage and as raw material costs climbed.
Swiss rival STMicroelectronics is also considering a similar move, the Financial Times quoted a person familiar with the matter as saying.
Taiwan Semiconductor Manufacturing, the world s largest contract chipmaker, said it will prioritise the production of auto chips if it is able to further increase capacity, but added that its current production capacity is full.