[duskwuff]

Also probably worth mentioning that a lot of the automotive chip shortages were a result of industry-specific factors:

1) Auto manufacturers incorrectly predicted that the pandemic would result in much lower sales, and reduced their component orders accordingly. When auto sales stayed stronger than expected, they were forced to buy those parts on the open market - reducing the number available to other customers.

2) A couple of major semiconductor manufacturers had incidents at their facilities (most notably, a fire at a Renesas fab) which limited production.

[doctorpangloss]

Autos manufacturers assembled 1000 parts in China and call it 1 chip for import quota purposes.

There was no “chip” shortage. There was an assembly labor shortage in China, a real shortage, cause by the disruption of the pandemic.

[duskwuff]

> There was no “chip” shortage.

Where are you getting that idea? There was absolutely a chip shortage! A lot of electronic components which were readily available before 2020 became unavailable or prohibitively expensive, and stayed that way for as long as a year or two afterwards.