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Chip shortage to continue through 2022, analyst says

Bosch microchip production
Microchip production at a Bosch facility.
March 17, 2022 10:15 AM

PARIS -- The automotive chip shortage is not likely to ease this year, an expert at consulting firm McKinsey said, despite pledges to boost capacity and a push by automakers and Tier 1 suppliers to commit to longer contracts with semiconductor makers.

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