Monday, 10 February, 2025
Auto Industry Struggles With Excess Semiconductor Stock Post-Pandemic
![Auto Industry Struggles With Excess Semiconductor Stock Post-Pandemic](https://d3vnc3w6v6jm99.cloudfront.net/biden-s-visit-to-vietnam-focuses-on-semiconductors-and-rare-minerals.webp)
The automotive sector faces challenges managing surplus semiconductor inventory accumulated due to supply chain disruptions during the pandemic. While initial shortages led to aggressive stockpiling, slowing demand and evolving technology have left companies with excess chips. Automakers are now recalibrating procurement strategies to balance supply and demand, avoiding future inefficiencies and financial strain in an industry still recovering from global disruptions.
Read full story at Economic Times