IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs
Green Car Congress
NOVEMBER 6, 2020
Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles.
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