German engineering and technology company Bosch has said that everything is on track to open its new semiconductor factory in Dresden, Germany.
The shortage has been severe enough to bring multiple automakers to cut their short-term production plans and is encouraging multiple stakeholders in the semiconductor manufacturing chain — at both government and industry levels — to ramp up chip production.
The shortage has been so severe that a number of automakers have cut back their short-term production plans, while several players in the semiconductor manufacturing chain — at both government and industry levels — are now ramping up chip production.