Continental expects chip shortage to drag on for months

Conti chip web.jpg — An employee assembles a DC/DC converter component for hybrid and electric vehicles inside the Continental automotive powertrain factory in Nuremberg, Germany. (Bloomberg)

R

By:

Reuters

March 09, 2021 09:55 AM

BERLIN -- Continental expects the auto industry's microchip shortage to drag on for months, CEO Nikolai Setzer said on Tuesday.

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