After more than two years of bad news, the largest semiconductor manufacturer TSMC finally came out with some very good news. The Taiwanese company said the situation in the auto industry is improving, and new car orders are slowly picking up pace.
However, everyone should keep one thing in mind as the recovery situation may not turn out to be so good. With rising inflation and commodity prices, the upside may soon disappear and we’ll be back to square one.
TSMC announced that there is still reason to be happy, and if things keep up at this rate, car companies will soon have one less thing to think about when making new cars. Sticking to these plans, the semiconductor crisis could end as early as this year.
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Assessment 3.9 from 19 voice.
