Technology

Automotive chip shortage to continue until 2023: think tank

Automotive chip shortage to continue until 2023: think tank

The automotive semiconductor shortage is expected to continue until 2023, and the government and related industries should be prepared to handle rising demand, an automotive think tank said Monday. According to the Korea Automotive Technology Institute, or Katech, the global shortage of automotive semiconductors that started around the end of 2020 will continue to affect the global car industry for the first half of 2022.

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