BMW CEO expects chip supply to remain tight for another 6-12 months

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“I expect that the general tightness of the supply chains will continue in the next 6 to 12 months,” he said at the IAA (NYSE:IAA) Munich car show.

Zipse, who like other car executives is battling lower production due to a lack of semiconductors, said he saw no issues in the long-term, adding that the automotive industry was an attractive client for chipmakers.

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