Automotive chip fab projects face suspension in Europe amid EV slowdown

Digitimes
By Jessie ShenNov 13, 2024, 7:25 pm132 pts
The global semiconductor shortage that plagued automotive chips from 2020 to 2022 has subsided, as electric vehicle (EV) demand in Europe and the US falls short of projections. While this eases immediate supply concerns, major industry players are reassessing their strategies amid new challenges.

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