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Continental mentioned the required extra volumes will solely be out there in six to 9 months
German auto provider Continental mentioned on Friday {that a} rebound in Chinese demand following a world droop in gross sales attributable to COVID-19 is resulting in a scarcity of semiconductors that will trigger supply-chain bottlenecks till 2021.
“Although semiconductor manufacturers have already responded to the unexpected demand with capacity expansions, the required additional volumes will only be available in six to nine months,” Continental mentioned of the provision of semiconductors.
“Therefore, the potential delivery bottlenecks may last into 2021.”
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Earlier on Friday, Volkswagen mentioned China’s total auto manufacturing might be interrupted after the COVID-19 pandemic disrupted chip provides globally for some digital elements.
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