Chip shortage – Trump’s China tech war backfires on automakers

The problems stem from a confluence of factors as auto manufacturers compete against the sprawling consumer electronics industry for chip supplies. Consumers have stocked up on laptops, gaming consoles and other electronic products during the pandemic, creating tight chip supplies throughout 2020. In at least one case, the shortage ties back to President Donald Trump’s policies aimed at curtailing technology transfers to China. An AutoForecast Solutions report estimated the global auto industry had already experienced lost volume of 202,000 vehicles as of Jan. 13. Executives at automakers and suppliers said they are adapting production schedules to protect chips used in higher-profit vehicles.

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