Vehicles want a variety of chips today. That has been a godsend for the semiconductor business—and likewise a giant complication.
The business has been mired in a historic hunch for greater than a 12 months now. The Semiconductor Business Affiliation, or SIA, reported final week that world chip gross sales in September fell 4.5% from the identical interval final 12 months. That made for the 14th straight month of gross sales declines—a streak not seen in additional than a decade. A lot of the downturn has been on account of weak gross sales of PCs, smartphones and different client and enterprise electronics that noticed an increase in demand earlier within the pandemic.
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