Logo 14 Sep 2021

A little glimpse into the auto chip shortage

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A little glimpse into just how bad the auto chip shortage has gotten: Bosch Electronic Stability Program (ESP) chips that used to go for RMB 13 are selling on China’s black market for RMB 4,000 — a 300x increase. 
Tech recap: ESP chips underpin skid prevention safety features, like anti-lock brake s...