TOKYO -- Producers of power semiconductors, a key component in the electric-vehicle supply chain, are shrinking their workforces and delaying investments as disappointing growth in the EV market leaves them saddled with excess capacity.
Semiconductors
Power semiconductor makers cut jobs and spending as EV growth stalls
Infineon, Renesas and others scale back after wave of optimism-driven investment
Germany's Infineon Technologies, the world's top supplier of power semiconductors, has announced layoffs. © Reuters
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