According to Reuters, Daimler Trucks said on Monday it would cut output at some German plants due to shortage of key semiconductors.

The report pointed out that Daimler Trucks said some production lines at its Mannheim and Gaggenau plants in Germany will be halted in March and April this year, without giving further details.

According to previous reports, Martin Daum, head of Daimler Trucks, predicted that a global chip shortage in 2021 would reduce Daimler Trucks revenue by billions of euros, and believed the problem would continue until 2022.

Industry insiders also believe that the shortage of automotive chips will continue until 2022, especially chips produced on 8-inch wafers may not ease until 2025.