Bermaz Auto reports more than two-fold profit jump in 2Q

PETALING JAYA: Bermaz Auto Bhd (BAuto) believes the gradual resumption of production by semiconductor manufacturers locally and overseas will help to ease the microchips and components shortages situation.

In a filing with Bursa Malaysia yesterday, the group said the automotive sector continues to face stiff competition from non-traditional vendors in the electronics, electrical and information technology-related industries for the supply of microchips and components.