Chip crunch eases for phones and PCs, but not for cars

Decline in consumer device demand hints at tipping point in industry cycle

20220801N chip crunch

There is a growing view among industry analysts that the chip market has passed its peak in the current round of the boom-bust cycle. © Reuters

RYOSUKE EGUCHI, Nikkei staff writer

TOKYO -- The semiconductor shortage that has plagued manufacturers is showing signs of turning around in some areas as inventories build up, but this production bottleneck looks likely to drag on for months longer for automakers.

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