An employee making a chip at a factory of Jiejie Semiconductor Company in Nantong, in China's eastern Jiangsu province, on March 17, 2021. China’s market regulator said it is investigating chip hoarding amid a global shortage that has driven up semiconductor prices and led to shortages for carmakers. Photo: AFP
China investigates chip hoarding as carmakers continue to struggle amid global semiconductor shortage
- The State Administration of Market Regulation says it is investigating component distributors for hoarding car chips to drive up prices amid a global shortage
- Booming global demand has left chip foundries unable to keep up, and increasing capacity can take several months or even a year
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Semiconductors
An employee making a chip at a factory of Jiejie Semiconductor Company in Nantong, in China's eastern Jiangsu province, on March 17, 2021. China’s market regulator said it is investigating chip hoarding amid a global shortage that has driven up semiconductor prices and led to shortages for carmakers. Photo: AFP
