Home Tech Electric Vehicles

Onsemi considers production cuts amid slowing demand for automotive chips

Jessica Tsai; Willis Ke, DIGITIMES Asia Wednesday 8 November 2023 0

Credit: DIGITIMES

The electric vehicle (EV) market is experiencing a decline due to the global economic downturn, resulting in reduced demand for automotive semiconductors. Recently, Onsemi, a prominent power semiconductor company, is reportedly mulling adjusting downward...

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