(Reuters) - Dutch navigation and digital mapping company TomTom on Thursday cut its 2021 outlook, amid a global shortage in semiconductor chips that has disrupted auto supply chains and should eat into its revenues from carmakers.
The Amsterdam-based firm, whose customers range from major car companies to leading global tech firms, now predicts a revenue of 500 million to 530 million euros ($592 million to $627 million), with 400 million to 430 million euros generated from its core location technology business.