Chip shortage: Buyers sign multiyear, no-take-back deals to secure supplies, says NXPAgam Shahon February 4, 2022 at 03:40 The Register
Contracts fit automakers and other manufacturers with ‘very sticky products, very long life cycles’ – CEO
Chip shortages are so bad that customers are willing to sign multiyear non-cancellable, non-returnable (NCNR) contracts to secure supplies, according to semiconductor supplier NXP.…