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German chipmaker Infineon calls for rethink of auto supply chain

Executive urges carmakers to build chip reserves as shortage may last through 2022

Infineon Chief Marketing Officer Helmut Gassel says the chip crunch could last through the end of next year.

SINGAPORE -- German chip giant Infineon Technologies is urging automakers to rethink their "just-in-time" supply chain strategy and instead start building up stockpiles of semiconductors as the global shortage of the key components drags on.

The company, a leading provider of auto-related chips, predicts the chip crunch could last through the end of next year, Helmut Gassel, Chief Marketing Officer and a member of the Management Board of Infineon, told Nikkei Asia.

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