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I count on the chip scarcity to persist into the subsequent calendar 12 months to a meaningful diploma and is a significant hurdle the trade wants to handle. Some OEMs are taking matters into their own palms bringing microprocessor manufacturing in-house. While this will likely mean extra management, many consultants think about this economically impractical as automotive chips are typically low-value, commoditized items, and investments in chip manufacturing, which is extremely capital-intensive, can take years to break even. The European Union, too, desires to get within the chip business, hoping to claim 20% of the world’s semiconductor manufacturing by the …