RE: Chips: From Scarcity To Overproduction
You are viewing a single comment's thread:
Really interesting data @taskmaster4450le. I still see plenty of news articles, specially in the automotive industry, which blame the microchip industry for "disruptions" in their production.
If I understand correctly, businesses are using this excuse to mask poor performance or decreases in production? It feels like we are precipitating into a recession sooner than later.
0
0
0.000
Demand for cars, at least in the US, is dropping like a rock. The manufacturers keep blaming chip problems for their lack of increase in production. There could be a degree of truth to it depending upon the type of chip. However, the less production is allowing the manufacturers to charge the dealers higher prices, helping the companies' margins.
Posted Using LeoFinance Beta