According to foreign media reports, the global auto chip shortage that began at the beginning of last year will remain a major challenge for automakers this year.
In addition, the industrial chain news also showed that the global shortage of automotive chips is exacerbated by some factors, rising crude oil prices and rising battery materials prices have also brought variables to the development of global electric vehicles.
In the report, foreign media also mentioned that in the past few years, the global auto industry has been affected by the epidemic, chip shortage and other factors. Car sales in the US, a major global market, fell by nearly 15% in 2020, while global sales fell to 77.97 million units.
While global car sales picked up to 85 million last year, it is difficult to return to pre-pandemic levels due to continued chip shortages and other new factors.
According to the news from the automakers, the chip shortages that affected them last year are still affecting their production and sales this year.Earlier this week, Toyota announced on its website that nine of its 14 factories in Japan would be production in May, involving 10 production lines, due to chip shortages.
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
Powered by AI demand and booming memory sales, the semiconductor industry surpassed records with $216.3 billion Q3 revenue, races toward $800 billion in 2025, as growth broadens.Global semiconductor r
Worldwide semiconductor equipment sales are projected to grow 13.7 percent in 2025, reaching a record 133 billion dollars, Semi announced at Semicon Japan. This momentum is expected to continue throug
The smartphone industry is facing considerable cost challenges in 2026 amid ongoing memory supply shortages and rising prices. This situation is expected to lead to a 1.6% decrease in annual shipments