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Auto chip shortage shows new sign of easing as inventories rise

Renesas and other suppliers see 1st uptick in 9 months, but demand remains high

A Renesas chip is one of the components on this circuit board for automobiles. (Photo by Hideaki Ryugen)

TOKYO -- In a sign that the global supply of chips for the auto industry is improving after months of shortages, inventories have risen for the first time in nine months at leading suppliers, Nikkei has learned.

Inventories were up in value terms at the end of September at Japan's Renesas Electronics, Dutch supplier NXP Semiconductors, Germany's Infineon Technologies, Switzerland-based STMicroelectronics and U.S.-based Texas Instruments.

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