China Tries To Destroy Chip Shortage To Bring Down U.S Auto Industry

#china #chipshortage #unitedstates #autoindustry

Due to lockdown measures and a sharp decline in travel, the automobile sector was severely damaged early on in the pandemic; but, more recently, it has started to experience a new issue: a scarcity of microchips. Several of a car's essential components, including the gearbox, entertainment systems, and engine management, depend on microchips.

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