European car manufacturers are facing a chip shortage crisis due to the situation at NXP!
European car manufacturers and other industrial companies are experiencing a severe shortage of microchips, as the current situation at NXP could lead to global production lines shutting down within a few weeks.
The Financial Times reported that chips produced by NXP are widely used in automotive electronic systems, from lighting and airbags to locks and windows. These components are produced in the UK, Germany, and the Netherlands, then shipped to Chinese assembly plants for final production and export. The production chain has now been disrupted.
"The request we have made to the NXP factories in China and the EU is that they work together to restore normal operations. What has happened is inexplicable, and it has disrupted hundreds of industries. Our team is working around the clock to find alternative sources. Inventory may be sufficient to last for several weeks, but we need to resolve this issue as soon as possible."
Original article: www.toutiao.com/article/1848624564568138/
Statement: This article represents the personal views of the author.