Welcome to the world of facts and news: Chip Shortage to Cost Automakers $110 Billion in Revenues in 2021: AlixPartners

Chip Shortage to Cost Automakers $110 Billion in Revenues in 2021: AlixPartners

The global semiconductor chip shortage will cost automakers $110 billion (roughly Rs. 8,06,070 crores) in lost revenues this year, consulting firm AlixPartners said, as it forecast the crisis will hit the production of 3.9 million vehicles.

from Gadgets 360 https://ift.tt/3uRz7Sf

No comments:

Post a Comment

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...