side-banner

Chip crisis hits automobile industry, leading manufacturers cut production

Shortpedia

Content Team
Image Credit: shortpedia

A recent development highlights how deeply technology is interwoven into other global industries. Leading carmakers Ford, BMW, and Honda have warned of production curbs due to chip shortages. Consequently, customers would have to wait up to 12 weeks longer for their cars. The chip shortage has already sent computer hardware prices through the roof and shows no signs of abating.