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MIIT: Automotive chip supply shortages to ease in Q4

ABSTRACT

The shortage of semiconductors for auto applications continues to impact vehicle manufacturing in China but the problem is likely to ease this quarter compared with Q3, officials from the country's Ministry of Industry and Information Technology (MIIT) maintained at a press conference in Beijing held on October 19.
Responding to media questions about the ongoing issue, MIIT spokesperson Luo Junjie noted that the global shortage of these chips has been affecting automakers both in and out of China, including many leading global auto manufacturers.   "Domestically speaking, many auto enterprises have been forced to scale back their operations or temporarily

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