Global semiconductor shortage could last till first half of FY22, hurt automobile industry
Global semiconductor shortage could last till first half of FY22, hurt automobile industry SECTIONS Share Synopsis While demand in the local market is expected to remain strong due to pent-up demand, consumer preference for personal mobility solutions and increased government spends on infrastructure, production could get affected in the first two quarters of the ongoing financial year due to the shortage of semiconductors, said Vikram Mohan, Managing Director at Pricol India. The current global semiconductor shortage, which has hit automotive companies across continents, could last through t...
Source: indiatimes.com