Infineon CEO Says Chip Supply To Remain Tight In 2022

Infineon, which gets around 40% of its sales from the automotive sector, expects the supply of crucial semiconductors to the sector to remain tight well into next year, Chief Executive Reinhard Ploss said on Tuesday.

Speaking at the Handelsblatt Automotive Summit, Ploss said that vehicle production and chip supply could be balanced by the third quarter.

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