Semiconductor chip supply to normalise in 2022, says Mexico's auto industry

MEXICO CITY: A global semiconductor shortage that has weighed on Mexico's auto sector should normalize throughout the year and chip supply should reach pre-pandemic levels in the second half of 2022, the Mexican Automotive Industry Association said on Tuesday.

Official data last week showed that Mexico's auto production and exports fell in January from a year earlier, the seventh straight monthly decline, as COVID-19 pandemic shocks and the semiconductor shortage has hurt the sector. "It seems to me that every time there's enough supply , carmakers recover their previous capacity levels as soon as possible," Cuevas added.

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Semiconductor chip supply to normalize in 2022, says Mexico's auto industryMEXICO CITY : A global semiconductor shortage that has weighed on Mexico's auto sector should normalize throughout the year and chip supply should reach prepandemic levels in the second half of 2022, the Mexican Automotive Industry Association (AMIA) said on Tuesday.'We expect the shortage of semiconducto
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