US-China rivalry shaping major market response to chip shortage

Major players are battling for access to a scarce supply of semiconductors, with some seeking to bring production closer to home. By Jacob Moreton

The automotive industry is globally interconnected; when one major producer suffers, the effects ripple across the world. That the global semiconductor supply chain is spread through many major markets is a large part of the reason that the chip shortage has had such significant effects.

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