Car semiconductor shortage is easing, says leading supplier

The average modern car is packed with around 1,500 seminconductors that control infotainment and other functions. Picture: GETTY IMAGESthat has affected the motor industry for nearly two years may finally be turning the corner, says in-vehicle connectivity company VNC Automotive. In fact, it predicts that a lack of chips critical for hi-tech features in cars could suddenly become an oversupply due to a predicted global recession.

However, with a global recession on the horizon and a cost-of-living crisis beginning to bite, consumers have been quick to rein in their spending. Instead of upgrading to the latest smartphone or ordering a new laptop on credit, buyers are choosing to hang on to their existing devices for longer. The average modern car is packed with around 1,500 semiconductors that control everything from infotainment, safety, and electrification to power management. Leading carmakers reported a reduction in production by as much as 40% due to these shortages.

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